Beaufort hires distribution manager for expansion drive

Couchman will oversee Beaufort's expansion drive by helping to select suitable acquisition targets and bringing in new funds to the group's discretionay fund manager (DFM). Beaufort currently has ten advice firms housing 33 advisers and has plans to grow steadily over the coming years, with targets to take on three to four new firms a year. Related reading: Why 'one-stop' advice shops are not the silver bullet Its current assets under management stand at £400m, having grown by about 25% in the last year. The group wants to continue growing steadily but said it has no plans t...