Former Octopus sales managers launch financial advice firm

After a combined tenure of 15 years at Octopus Investments, Payne and Wood have launched the London-based financial planning firm to "help bridge the advice gap". The duo opted to partner with M&G Wealth Advice. They left their roles at Octopus Investments with a focus on higher risk tax efficient investments, where Wood ran London City managing a team of 11 whilst Payne was responsible for distribution in the South East of England. The pair have decided to build a client base from scratch instead of joining an existing firm or buying a book of clients. Payne said: "It is easy to s...