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Tilney Bestinvest partners with European IFA trade body

Private client group Tilney Bestinvest has partnered with the Federation of European Independent Financial Advisers to offer European-based English-speaking IFAs access to its range of investments.

Feifa is a non-profit trade association comprised of 37 English-speaking IFAs active across more than 25 European countries, with cumulative membership’s assets under influence greater than €3bn (£2.4bn).

Paul Stanfield, the association’s chief executive, stated that Tilney Bestinvest’s ability multi-asset portfolio funds and bespoke discretionary investment management, available in various currencies, is increasingly relevant as advisers outsource investment management decisions.

He said: “We have seen a growing demand from our members for such services and this partnership compliments the small number of existing affiliations that we have in this area,” he added.

The relationship with Feifa members will be headed up by Mark Ommanney, associate director of business development at Tilney Bestinvest, and Richard Brown, director of business development at the firm.

Mr Ommanney commented that they have an “impressive track record” of working with IFAs in the UK, Europe and the Far East, so this formal partnership was therefore a logical further step.

The association’s partnership programme was launched in March 2010 and assists members by providing information, unique products, services or arrangements, training, and professional development benefits.

It now has affiliations with most of the international life companies and asset managers.