IFA in hiring spree after reporting full-year loss

The company is seeking to hire a "small number of high quality" advisers to achieve the required scale across its offices in Bath, Cambridge, London and Bournemouth. The IFA reported a loss of £71,000 in 2013 against profits of more than £107,000 the previous year. Turnover reduced from £3.8m to £3.5m over the same period. It said funds under management had risen to over £300m, of which about a third is held within its range of model portfolios run by Brompton Asset Management. The company said it was positive on its prospects for this year and in the future after expanding into th...