Financial adviser support group SimplyBiz has reported a pre-tax profit of £3m for the year ending 31 December 2012, up 15% on the £2.5m figure recorded for 2011.
Verbatim Asset Management, the whole of market portfolio management and financial planning arm of the SimplyBiz group, has launched a range of multi-asset passive portfolios called "Total Clarity".
Former Bankhall managing director David Golder will join SimplyBiz in the newly created role of client proposition director next month.
Zurich has confirmed the full roll out of its retail platform for SimplyBiz, the provider of support services to advisers.
SimplyBiz has revealed two solutions to meet the needs of restricted and independent advisers from January 2013.
Fifteen adviser firms have signed up to Verbatim Asset Management's Retail Distribution Review (RDR)-ready investment solution.
Sandringham Financial Partners, the restricted national advice proposition backed by Simplybiz chairman Ken Davy, has opened today.
Investment Funds Direct Limited (IFDL) will power SimplyBiz's Verbatim Product Centre, that launches next month.