Three more senior executives have left Bankhall a few days after the director of mortgages at Sesame left Sesame Bankhall Group shortly after a restructure.
All three have joined Distribution Technology, as part of a deal conducted between the software provider and portfolio modeller and Bankhall, part of Sesame Bankhall Group.
Under the deal, Distribution Technology will provide an independently run panel of funds for support services company Bankhall.
Jason Dewar and Ian Clarke will join Distribution Technology’s asset and risk-modelling team from Bankhall’s research department.
Pam Brunt, a senior account manager, will join Distribution Technology’s IFA account management team.
Chris Fleming, head of financial analytics at Distribution Technology, said: “Bringing together this experienced team from Bankhall will provide consistency and continuity for their members while allowing us to build on the services that Dynamic Planner already offers.
“In Mr Dewar and Mr Clarke, we have huge experience of researching investment options in the IFA market and this will be invaluable as we expand the services that we provide to our clients.”
Last week Linda Martin, who had only been appointed as director of mortgages at the beginning of September, left Sesame to join LSL after a 27-year stint working at Sesame Bankhall Group’s mortgages division.
The closure of Sesame’s investment advice network has led to the company putting its focus on mortgages.
When Sesame closed, 30 per cent of its advisers went directly-authorised through Bankhall.