Adviser left in shock as colleagues form breakaway firm

Five advisers from Somerset-based Churchill Investments have left the business to form FiveWays Financial Planning. The quintet includes two former directors of Churchill - Chris Gilchrist and Stephen Poland - plus three other advisers, Jim Bloodworth, Jon Lawson and Ian Evans. That has left Jamie Ware as the sole remaining adviser at Churchill. "This has all come as a total shock to me," he said. "They established the business in December but didn't tell me they were leaving until 7 March." The five advisers each have a 20% equity stale in Weston Super Mare-based FiveWays. I...