Foster Denovo recruitment drive continues with IFA trio

Foster Denovo recruitment drive continues with IFA trio

Foster Denovo has hired three new advisers as part of its ongoing recruitment drive.

Ryan O’Connell, Jagdeep Singh and Chris Hardaker have joined the London-based national advice firm.

In 2014 the number of advisers at Foster Denovo dropped from 90 to 76, according its annual accounts, and in November and December it lost another two, despite pledges to get a recruitment drive underway in 2015.

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In January, the firm made director of compliance Jane McTigue redundant, but confirmed that four new advisers had recently joined.

Following the latest hires Foster Denovo has 77 advisers.

Martin Tuttlebee came through the academy programme to be authorised in early February, while Adam Rideout, Martin Hellier and Nick Oram also joined the business since the start of 2016.

Roger Brosch, chief executive of Foster Denovo, said: “We’re continuing to recruit and have several more partners in the pipeline wanting to join the business.

“However, we make sure we recruit the right type of adviser - it is imperative they embrace the culture and our focus on putting the client at the heart of all that we do.”

Mr Hardaker will join the London office as a private client partner, after moving from a small Hitchin-based firm.

Mr Singh joined as an employee benefits adviser and has most recently worked at Towry as a financial adviser.

Mr O’Connell joined as a private client partner, coming in from Lord Financial.

In addition, David Reekie, formerly a protection adviser, and Martin Tuttlebee, formerly a paraplanner, have become licenced to undertake investment business in 2016.

Mr Hardaker said: “I’m looking forward to benefiting from the first class administrative support, which I know will help free up my time to concentrate on my clients.

“I like the open and helpful approach, and am excited to work alongside other partners and support staff.”