Independent Women has formed the UK’s first national financial advice proposition for women after being acquired by Succession Group,
Founded in 1997 by pioneer and entrepreneur Lesley Mackintosh, Independent Women is the UK's longest running provider of independent financial advice dedicated to women.
Ms Mackintosh, the firm’s managing director, said: “Women's issues have had a major push in recent years, particularly in financial services where traditionally there has been a significant gender imbalance.
“That tends to mean a different delivery of service and often women have found that what was on offer was misaligned with their needs.
“We are proud to advocate services for women and know from experience what a difference the right advice and support can make.
“We want to give our clients every opportunity to achieve all they desire.”
Independent Women, which has funds under management of £250m, is a subsidiary of Edinburgh Investment Consultants which Succession bought in 2015.
Its specialist advice will be available throughout Succession’s regional network of advisers.
Simon Chamberlain, chief executive of Succession, said: “With Succession's acquisition of Independent Women, clients have an opportunity to choose the service most appropriate for them.
“Many women – and indeed men – would prefer their planner to be a woman.
“Succession recognises this requirement and Independent Women has been established to deliver this proposition for our clients.”
damian.fantato@ft.com
