Adviser network Sense Network has been acquired for £9.35m by Adviser Services Holdings (ASH), a group of companies that aims to provide complementary services to financial advisers.
Sense will continue to provide services to financial advisers who wish to remain independent and within a network. Sense Network's current chair Phil Young will step down from his role, and Stephen Young will leave his role as non-executive director. Otherwise the team will remain the same and Sense's service will be unchanged. ASH has an experienced leadership team, including former Financial Conduct Authority (FCA) man-turned consultant Rory Percival, who is a non-executive director at the group. ASH said it has no intention to change any contractual or commercial terms for staf...
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