'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...

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