Embark makes senior hire from 7IM following recent acquisitions

Effective 1st December

Sophie King
clock • 1 min read

Embark Group has appointed Phillip Bungey to its proposed future leadership team for its Advance platform business. The Advance platform business is set to the be the new name for the Zurich platform and Bungey's (pictured) appointment follows a busy couple of weeks. Embark yesterday revealed Franklin Templeton has became the group's second largest investor, which helped fund its purchase of the Zurich Retail Investment Platform and Investment Services for an undisclosed fee.  Last month, Embark agreed to purchase the advised and partnership client books of Alliance Trust Savings (ATS...

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 Wrap/platforms

AJ Bell platform AUA up 12% in Q3 to £121.5bn

AJ Bell platform AUA up 12% in Q3 to £121.5bn

Up 26% over the last year

Jenna Brown
clock 23 July 2026 • 2 min read
VUKPA 2026: Platform of the Year and adviser finalists revealed

VUKPA 2026: Platform of the Year and adviser finalists revealed

Vanguard UK Platform Awards 2026

Professional Adviser
clock 22 July 2026 • 1 min read
Why the need to master data is now business critical

Why the need to master data is now business critical

'Most advisers, it seems, are tolerating data delivery from platforms and pension providers'

Chanelle Paynter
clock 15 July 2026 • 4 min read