Tavistock ends deal with Titan after 'unacceptable performance'

Partnership between the firms comes to an end

Isabel Baxter
clock • 1 min read

Tavistock has terminated its multi-asset manager partnership with Titan Wealth Holdings that was due to run for ten years.

The deal was first announced to the market on 14 June 2021, but Tavistock's decision follows a "sustained period of unacceptable performance" by Titan, the Berkshire-based firm said. Tavistock added that the board expects the final sums due under the agreement will be received in due course and further updates will be made as appropriate. In its results for the six months ended 30 September 2023, Tavistock reported a 19% growth in its revenue, which stood at £20.6m for the six months ended 30 September 2023. This was compared to the same period in 2022 when revenue stood at £17.3m. ...

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