TenetLime welcomes 400th member

TenetLime welcomes 400th member

Kent-based TAG Financial has become TenetLime’s 400th member.

Founded by Lee Holland in 2012, TAG was previously with another network, but moved to Tenet because it offered him the best deal.

He said: “From being a little fish, I now feel like an integral part of a team.

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“Tenet have good panels, equally good procuration levels, offered me the best deal for my business and the right environment to expand organically.”

Mr Holland said his experience with his previous network “wasn’t all it should have been”.

TenetLime managing director Gemma Harle said: “After a time of relative instability in the industry and against a backdrop of a recent 8.2 per cent increase in business as a whole, we have consistently managed to outstrip the post-recession revival, recording an impressive year-on-year increase of 30 per cent.

“We are always on the lookout for firms who have an appetite for growth. In return we can promise them a service with a distinct ‘family feel’ about it.

“And with the launch of an introducer facility for secured lending, our comprehensive new-build support and a new commercial lending proposition, the race is now on for our 500th member.”

Tenet, which is based in Leeds, was launched in 1999 after the merger of Interdependence and M&E.

It has an investment network, TenetConnect, a support services provider, TenetSelect, and a mortgage and protection network, TenetLime.

Earlier this month, the company bought Furness Building Society’s financial advice arm for its wholly owned appointed representative Aspire Financial Management.

Last week, Mike O’Brien, the managing director of TenetConnect and TenetSelect, said the company will be piloting a programme of buying up the businesses of its retiring advisers.