Abandon ship: Four Lighthouse advice firms exit Quilter for Tavistock

'Disruptive'

Sophie King
clock
"We were always clear that during the integration of Lighthouse network population our model and risk appetite would not prove to be a good fit for all firms" - Quilter spokesperson.
Image:

"We were always clear that during the integration of Lighthouse network population our model and risk appetite would not prove to be a good fit for all firms" - Quilter spokesperson.

Four advice firms that joined Quilter in its £42m deal to buy Lighthouse have moved left the advice giant to join Tavistock Investments because the latter offers a ‘can do’ approach.

Vita Financial Planning, Astute Wealth Planning, Lighthouse (Hurstpierpoint) and JN Financial Management started transferring in September last year and the moves were completed last month. Some...

To continue reading this article...

Join Professional Adviser

 

  • 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

£90m of Arena Wealth's investment management assets will move to Evelyn Partners.

Evelyn Partners adds £90m AUM in Arena Wealth acquisition

Sports and entertainment

clock 22 September 2022 • 1 min read
Radiant Financial snaps up three more IFAs

Radiant Financial snaps up three more IFAs

Consolidator completes fifth acquisition in 2022 as AUA hits £1.3bn

Julia Bahr
clock 22 September 2022 • 3 min read
Former CII CEO Sian Fisher

CII and PFS issue statement over 'recent disagreements'

The bodies plan to collectively update members from next year

clock 20 September 2022 • 1 min read