Prestbury advisers could become IFAs with Personal Touch

PTFS sales director Dev Malle says Prestbury advisers will benefit from the move as they could branch out into other areas. This could include moving into the IFA business as long as they had their FPC and were under the correct instruction and supervisory programme. The position of senior management at Prestbury is still under discussion but the other advisers from 80 firms will be put through a transition process when joining PTFS. This will include getting them accustomed to PTFS’ technology which plays a key role for the group. Malle says taking over Prestbury’s advisers was part ...