Sense Network bought for £9.35m by financial advice service group

Phil Young exits

Hannah Godfrey
clock • 2 min read

Adviser network Sense Network has been acquired for £9.35m by Adviser Services Holdings (ASH), a group of companies that aims to provide complementary services to financial advisers.

Sense will continue to provide services to financial advisers who wish to remain independent and within a network. Sense Network's current chair Phil Young will step down from his role, and Stephen Young will leave his role as non-executive director. Otherwise the team will remain the same and Sense's service will be unchanged. ASH has an experienced leadership team, including former Financial Conduct Authority (FCA) man-turned consultant Rory Percival, who is a non-executive director at the group.  ASH said it has no intention to change any contractual or commercial terms for staf...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Fairstone refines buyout terms to focus on high-growth potential IFAs

Fairstone refines buyout terms to focus on high-growth potential IFAs

Updated DBO model to ‘support increased valuations’

Jenna Brown
clock 30 April 2025 • 2 min read
L&G drops fracture cover in critical illness and income protection overhaul

L&G drops fracture cover in critical illness and income protection overhaul

Increased pay out amounts

Jaskeet Briah
clock 29 April 2025 • 3 min read
Advisers could add 20 more clients annually with AI support

Advisers could add 20 more clients annually with AI support

Early adoption of artificial intelligence tools is boosting adviser efficiency

Sahar Nazir
clock 28 April 2025 • 2 min read