Dawes added: “The programme allows firms to benefit from the significant investments we have made in recent years to our proposition and technology, while also providing a great new home for their clients through an orderly transition.”
Tilney S&W introduced the succession programme offering to take over the client banks of retiring financial advisers in October and said it was keen to talk to advisers who do not have a succession plan in place but want “an orderly and gradual handover” of the client relationships they have built once they retire.
In November, it added northeast advice firm Explore Wealth Management for an undisclosed sum and the deal added five staff join its office in Newcastle.
What do you think about the issues raised by this story? Email us on FTAletters@ft.com to let us know