Financial planning and discretionary wealth management group Harwood Wealth plans to list on the AIM stock exchange.
The vertically integrated business said its broker, N+1 Singer had raised £13.5m in an over-subscribed fundraising effort, of which £10m was raised as new equity for the company. It said the net proceeds...
Since November 2008
Share issue oversubscribed
PARTNER INSIGHT: For many advisers, outsourcing to a multi-manager or discretionary fund manager makes sense, allowing them to focus on the adviser-client relationship
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An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client