'Bought networks never get better': Sense advisers on network's sale

Sense bought for £9m

Hannah Godfrey
clock • 3 min read

Adviser opinion on the sale of Sense Network appears to be mixed, with some members more sceptical of the success of the network post-buyout than others.

On Monday (7 September), Sense Network announced it had been bought by Adviser Services Holdings (ASH), a group of companies that aims to provide complementary services to financial advisers. The purchase cost ASH £9.35m. ASH claimed it has no intention to change any contractual or commercial terms for staff or network members "at this point", nor will there be any job losses at Sense. The group aspires to have 500 advisers working with it in the next five years.  Ian Else is founder and a financial planner at 4 Financial Planning, an appointed representative (AR) of Sense. He had a n...

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

Average pension transfer took just 11 days at tax year end

Average pension transfer took just 11 days at tax year end

Origo says transfer times decreased around tax year end with half taking seven days or less

Jasmine Urquhart
clock 17 June 2025 • 2 min read
Reeves eyes IHT U-turn as non-doms 'plan to leave'

Reeves eyes IHT U-turn as non-doms 'plan to leave'

‘Exodus’ fears continue to grow

Sahar Nazir
clock 17 June 2025 • 1 min read
'Not an adviser problem': Industry cites regulation as main advice gap cause

'Not an adviser problem': Industry cites regulation as main advice gap cause

‘The regulator caused it, they should fix it’

Isabel Baxter
clock 17 June 2025 • 2 min read