Octopus launches restricted advice firm to serve younger market

Two advisers so far

Hannah Godfrey
clock • 1 min read

Octopus is developing a restricted financial advice arm, Octopus Wealth. The business is in the early stages of its development, with two advisers currently servicing a small number of clients.

Octopus Wealth will offer face-to-face advice but heavily leverage technology to carry out the advice process. It will operate out of a different office to Octopus's London-based headquarters. Octopus said it was in the process of developing a new factfind technology designed to make the client onboarding process as simple and intuitive as possible. Once fully tested, the business said it would look to offer its tech solutions to advisers who might want to incorporate it into their businesses. Octopus said its new restricted business would aim to help reduce the UK's advice gap by enc...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Clifton Wealth Partnership snaps up Welsh advice firm

Clifton Wealth Partnership snaps up Welsh advice firm

Lifestyle Financial Advice joins with £75m in assets

Isabel Baxter
clock 02 December 2025 • 2 min read
Absolute Financial Group completes Absolute Financial Management acquisition

Absolute Financial Group completes Absolute Financial Management acquisition

Tatton-backed consolidator launched in August this year

Isabel Baxter
clock 01 December 2025 • 2 min read
Quilter swoops for two Shackleton advisers in latest AR additions

Quilter swoops for two Shackleton advisers in latest AR additions

Five more firms join the network

Isabel Baxter
clock 28 November 2025 • 1 min read