In the financial year 2017-18 the wealth manager turned over £41.3m, generated net profits of £247,000 and when it entered into special administration earlier this year owed £650,000 to HM Revenue & Customs.
Leonard Curtis said it had so far received more than 2,000 calls and 2,000 emails from clients of SVS to its designated contact team.
Leonard Curtis said they had been in daily contact with FCA when originally appointed as administrators, and now held weekly calls in addition to face-to-face meetings to keep the regulator informed of the process.
An "initial meeting" with clients is scheduled for October 10, 2019.
rachel.mortimer@ft.com
What do you think about the issues raised by this story? Email us on fa.letters@ft.com to let us know.
