IFA Continuum agrees strategic partnership and sells 20% stake to DFM

Tom Ellis
clock • 1 min read

National IFA Continuum has entered into a strategic partnership with Marlborough Group, which has seen the DFM take a 19.99% stake in the advice firm.

The IFA has not disclosed the "substantial" amount invested by the discretionary fund manager (DFM) but said the investment firm would collaborate to further support its business growth plans. The firm launched in 2014 with the commitments of 15 financial advisers and £200m assets under advice. It now has 41 advisers, more than £750m of assets under influence and a turnover of more than £6m. 'I'm not a crusader': A profile of Continuum founder Martin Brown Continuum began the process to find an investment partner 18 months ago, according to managing director Martin Brown. "Having s...

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 Your profession

Phillip Wickenden: Neurodiversity and the bumpy ride to inclusivity

Phillip Wickenden: Neurodiversity and the bumpy ride to inclusivity

Neurodiversity Celebration Week runs from 18 - 24 March

Phillip Wickenden
clock 18 March 2024 • 6 min read
FCA to review firms' treatment of vulnerable clients

FCA to review firms' treatment of vulnerable clients

The regulator will share its findings by end of the year

Sahar Nazir
clock 18 March 2024 • 1 min read
Concerns clients seek financial reassurance over financial advice

Concerns clients seek financial reassurance over financial advice

'AI can provide clients reassurance just as much as humans can’

Sahar Nazir
clock 15 March 2024 • 2 min read