Ashcourt Rowan CEO Jonathan Polin will not stay on in an enlarged business if his firm merges with Towry in a planned £97m deal.
Wealth manager Towry has confirmed it is looking to acquire advisory firms, but is remaining quiet on claims one of its targets is Bluefin's financial planning proposition.
Wealth manager Towry inherited a "train wreck" when it acquired advisory firm Edward Jones in 2009, but it should have done more to "win the hearts and minds" of its new staff, its chief executive Andrew Fisher has said.
In the latest instalment in our series putting short-but-sweet questions to industry figures, Andrew Fisher, chief executive of wealth adviser Towry and, we think it's fair to say, a divisive figure, takes the stand...
Wealth adviser Towry has said it would be "no surprise" if the regulator raises the qualifications bar for advisers to level 6 in the next two to three years.
The average British adult has said they need £25,783.87 net per year to maintain a comfortable standard of living in retirement, according to a report.
Wealth management firm, Towry, has posted pre-tax profit of £9.4m for full-year 2012 up from £8.3m in 2011.
Towry has added to a growing list of new arrivals, as the firm plans to expand through acquisitions following an aborted float.
Wealth manager Towry has revised plans to list in the coming months, telling the FT it has raised enough private funds to expand through acquisitions.