View more on these topics

AWD Chase de Vere takes on 17 former Barclays advisers

AWD Chase de Vere has recruited 17 ex-Barclays Financial Planning advisers and three managers to work in its regional offices.

Former Barclays area managers Dave Fishlock, Steve Hearn and Andrew Pacey have been appointed senior managers of AWD’s Newcastle, Manchester and Cambridge offices respectively.

Eight of the 17 advisers will be based in AWD’s Manchester office, five in Newcastle, three in Cambridge and one in Birmingham.

In January, Money Marketing revealed that Barclays is closing its financial advice arm and AWD says it has been actively interviewing former Barclays employees since then. It says that a significant number of Barclays advisers it interviewed have been rejected.

AWD says the advisers who have been recruited are either qualified to QCF level four or are waiting on the results of their final exams.

Chief executive Stephen Kavanagh says: “We have previously recruited from Barclays and were aware that it employed a number of good quality and highly qualified advisers and managers.

“We are aiming to recruit additional advisers throughout 2011 and beyond as we continue to grow our company.”

Concept Financial Planning managing director Paul Richardson says: “Bringing in a large volume of advisers does not guarantee quality and I would not want to be the person bringing these guys in.

“It will be a difficult transition to come from the bank background they have had to giving quality independent advice.”


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm