Intrinsic swells ranks with 220 exiting Sesame advisers

The network was selected as Sesame's preferred partner, offering advisers less onerous deals than if they went elsewhere, after Sesame announced the closure of its investment advice business. The move is expected to bolster Intrinsic's adviser numbers from 988 advisers to more than 1,200 by the end of the year, Sesame's parent company Old Mutual Wealth said in its interim results on 6 August. "Intrinsic is now fully integrated into Old Mutual Wealth. It increased its restricted network to 988 advisers at the end of H1 2015, up from 840 in H1 2014," it said. "In April, Intrinsic was...