Adviser support business Tenet is aiming to attract from outside the group employed advisers looking to start their own business, through the launch of its 'Business in a box' solution.
Advisers who sign up to the ‘Business in a box' will join Tenet as a network member, with standard network fees applied, which are based on turnover. This is part of Tenet's restricted proposition,...
Creation of chief commercial officer role
£800,000 annual fee income
Private equity-backed business
Northants and Cambs client base
First acquisition of 2021
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams