True Potential

True Potential Wealth Management has seen growth in adviser numbers of almost 300% year on year as a result of displaced high street bank advisers looking to remain in the sector.

The Financial Conduct Authority (FCA) will not be any different from the Financial Services Authority (FSA) and should be "strangled at birth" before regulators do any more damage, according to the head of economics think tank the Adam Smith Institute....

True Potential's head of group compliance, Charles Jackson, has left the firm after just five months in the role.

True Potential Wealth Management has said it is offering a "new future" to bank advisers who have found themselves out of a job as a result of changes brought on by the Retail Distribution Review (RDR) and the overall downsizing of the market.

True Potential has increased its 2012 pre-tax profit by 57% year on year, from £2.3m to £3.6m.

SIPP provider James Hay Partnership has linked with True Potential to offer access to the James Hay iSIPP via the True Potential Wealth Platform.

Former Positive Solutions recruitment and sales director Mike Edwards has joined network True Potential as a partner.

INVESTORBEE

A Cheshire-based financial adviser is attempting to raise £4.5m to build a ‘sanctuary' for armed services veterans and is set to climb Mount Everest to drive fundraising efforts.

Close Brothers Asset Management (CBAM) has made its discretionary portfolio fund range available to advisers via True Potential's Wealth platform.