Wealth manager Torquil Clark is offering to provide execution-only services to IFAs' clients on a white-label basis.
The firm has offered non-advised investment sales alongside its advised business since 1993. Now Torquil Clark will allow other advisory businesses access to the execution-only services for a fee and a cut of the commission on each sale. IFA firms buying in the execution-only service will have a standard website that can be branded with their own logo, as well as access to a telesales team who will answer calls in their firm's name. John Chapman, director of Torquil Clark, said: "The white label service will take the burden of serving execution-only clients from advisory firms who ...
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