Tavistock makes £2.2m Titan provision amid legal action

Comes as Tavistock's advice business is snapped up by Saltus

Isabel Baxter
clock • 2 min read

Tavistock Investments chairman Oliver Cooke has outlined events that led to an acrimonious split between the business and Titan Wealth.

Titan Wealth has so far declined to undergo mediation relating to Tavistock Investments' multimillion-pound claim against it for "substantial commercial damage", Cooke updated in Tavistock's accounts. Instead, Titan has pursued High Court action over the abrupt end to what had been deemed to be a ten-year partnership. In Tavistock's accounts for March 2024 posted Monday (30 September), the firm noted that its board uncovered multiple breaches of the strategic partnership agreement entered with Titan in June 2021. The firm stated that Titan's "failure to honour the undertakings" that i...

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Isabel Baxter
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Isabel Baxter

Senior Reporter at Professional Adviser

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