Millfield - Money Portal integration will take 6 months

clock

The integration of Millfield into the businesses of its new owner will be at least a six month project says the head of The Money Portal.

Richard Craven, managing director of The Money Portal which bought Sage Financial Services and Millfield Partnership Ltd for £10.6m at the end of last month, says the next step is a bedding in process of the new companies. Now the deal has been approved by the Financial Services Authority, Craven says over the next few months he will be continuing what he has been doing in meeting as many people as possible explaining how the interaction of the companies will work and reassuring advisers. He says: “The process will involve reconstructing certain elements of the business, as well as in...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: Royal London opens applications for £10,000 women and girls' rugby grant

Feel Good Friday: Royal London opens applications for £10,000 women and girls' rugby grant

Third year of annual Championing Women and Girls’ Grassroots Rugby Award

Professional Adviser
clock 05 June 2026 • 1 min read
Cohabitation reforms to offer unmarried couples 'more financial security'

Cohabitation reforms to offer unmarried couples 'more financial security'

Government launches consultation

Sophia Panayi
clock 05 June 2026 • 2 min read
M&A platform finds strong pipeline of non-PE acquirers

M&A platform finds strong pipeline of non-PE acquirers

Data from Project Exit shows regional and local advice firms make up more than half of buyers

Isabel Baxter
clock 05 June 2026 • 2 min read