Network Direct was placed into voluntary administration this week (23 November) leaving its 100 advisers in need of new network authorisation.
Adviser Services Holdings (ASH) said it had stepped in to work with the advisers and had acquired their "future trade" to give advisers, staff and clients continuity. The deal will include support on income...
£800,000 annual fee income
Private equity-backed business
Northants and Cambs client base
First acquisition of 2021
Due diligence challenges
Completes legal process
Scepticism towards companies' commitments
GDP falls 2.6% in November
Financial wellbeing junkies