IFA consolidator Moneygate Group has halved pre-tax losses in the first year following the Retail Distribution Review (RDR) its accounts have shown.
National IFA Fairstone Financial Management - formerly Moneygate Financial Services - has sought the help of paraplanning outfit Para-Sols to build a bespoke support service for its advisers.
IFA firm Fairstone Financial Management - the Moneygate Group's national financial advisory business - and wrap platform Nucleus have partnered to share services between member firms, including a 'deferred buyout' option for Nucleus advisers.
Former Lighthouse executive chairman David Hickey has been appointed Moneygate Group's new chairman.
Tyneside-based advisory firm, Moneygate, has acquired a 'significant' stake in wealth management firm Spence and Spence.
Tyneside-based Moneygate Group has purchased a minority stake in and formed a partnership with a high net worth financial planning firm Group Rapport.