This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.

Axa Wealth restructure puts 50 jobs at risk

  • Print
  • Comments (1)


Axa Wealth is segmenting its IFA clients as part of a restructure at the company which puts 50 jobs at risk and will see the number of regional managers cut from nine to five.

The restructure will mean the creation of a new team responsible for handling Axa Wealth’s larger corporate accounts with networks and a separate relationship management division for existing users of Axa’s Elevate wrap with whom the company is looking to build relations.

Advisers will have a partnership manager to act as a single point of contact.

A third division will cater to advisers specialising in offshore business, while a fourth division will be responsible for new business development.

Axa Wealth managing director of marketing and distribution David Thompson (pictured) says: “While Axa Wealth has experienced unprecedented growth, it has resulted in us being unable, at times, to devote the specialist support that we feel we need to give to different adviser segments.

“Our focused approach will mean we can offer specialist support in the areas that advisers say they need it most, while targeting effort at identifying new firms with an investment and partnership philosophy similar to our own. The changes signify a significant shift in how we partner with our advisers.”

  • Print
  • Comments (1)

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Readers' comments (1)

  • If you'd like a copy of AXA Wealth 'new IFA focus' news release let me know. Happy to talk about what we are doing to avoid speculation.

    Unsuitable or offensive? Report this comment

Have your sayEdit my profile/screen name

You must sign in to make a comment

Fund Data

Editor's Pick


How do you plan to vote at the general election?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments