Vestra looking to expand discretionary services to IFA

clock

Vestra Wealth is looking to target the IFA market as more advisers outsource their investment decisions post-RDR.

The firm, which has £2bn assets under management, has hired Roy Thompson as its new business development director to focus on meeting the increasing demand for its services from IFAs. Thompson joins from Catley Lakeman Securities, where he was a member of the business development team, and has previously been a key account director at AXA where he worked for 18 years. Tony Allan, head of IFA business development at Vestra Wealth, says: "We have seen an increased demand from IFAs looking to Vestra for assistance in managing their clients over the past year, so expanding our Business De...

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

Targeted support signals evolution in advice delivery

Targeted support signals evolution in advice delivery

Softer launches expected at first

Isabel Baxter
clock 10 April 2026 • 1 min read
CII: Vulnerable client management is 'an opportunity for growth'

CII: Vulnerable client management is 'an opportunity for growth'

Firms can expand potential client bases

Isabel Baxter
clock 07 April 2026 • 2 min read
Common language used by advisers triggers anxiety and distrust among retirees

Common language used by advisers triggers anxiety and distrust among retirees

Product-led communication one of the biggest drivers of mistrust

Laura Purkess
clock 01 April 2026 • 1 min read