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Easter launches advice firm with Peter Williams and David Ingram onboard

Former Honister Capital director Alan Easter is launching a new advice and fund management group, which has former Aegon head of industry development Peter Williams and former Threesixty technical director David Ingram on the board.

The Beaufort Group is made up of Beaufort Financial Planning and Beaufort Investment Management.

BFP will provide whole of market and restricted advice services to clients via a partnership model. Principal partner firms, or appointed representatives, will employ intermediaries who will act as regulated individuals.

Beaufort Group chief executive Easter (pictured) says he has six principal partners, with a total of 23 advisers, and is aiming for a total of 12 principal partners by the end of the year.

Each adviser must be qualified to at least QCF level four, hold Personal Finance Society membership and achieve certified financial planner status within three years and chartered financial planner status within five years.

The partners will operate via a centralised paraplanning service and charge via a time-costed fee structure that can be paid upfront or through an investment product.

BIM will provide asset management services through advisory model portfolios, discretionary model portfolios, discretionary investment services and risk-managed in-house Oeics.

The initial Oeic range will include Beaufort equip cautious, Beaufort equip growth, Beaufort equip adventurous and Beaufort equip income funds. They will utilise both active and passive management.

BIM will contract external fund managers to run the portfolios. It will offer both in-house and external investment solutions on a single platform and under a single pricing structure.

The platform strategy and pricing models are being developed in conjunction with Seven Investment Management.

Beacon Asset Management founder Simon Goldthorpe is Beaufort Group executive chairman, former Radcliffe & Co Life & Pensions adviser Clive Goldthorpe is chief operating officer and former Energy Assets head of finance Jacqui Wren is finance director.

Andrew Bennett, a former partner at Minotaur Wealth Management, a trading name for Honister Partners, is BFP managing partner and former Equip Investment Services chief investment officer Shane Balkham is BIM chief investment officer.

Non-executive directors include Williams, Ingram and former Gartmore Global Partners chief investment officer Stephen Watson.

Beaufort Group plans to launch two additional subsidiaries, Beaufort Corporate Clients and Beaufort Direct in late 2012 or early 2013.

Easter says: “The group is an adoption of all the good things we admire in the sector, populated by people who share the same vision and ethics. To be supported by such expertise and strength on the board is concrete validation of what we are setting out to achieve.”

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Comments

There are 4 comments at the moment, we would love to hear your opinion too.

  1. Name not supplied 28th March 2012 at 10:33 am

    Refreshing to see a company focusing on the consumer and I wish them all the best.

  2. Good luck Alan in your new venture, it seems things have moved on since Scottish Life at Brighton!

    I wish you every success!

  3. sounds interesting. good luck alan.

  4. So how long before this company passes its liabilities onto the rest of us IFAs via the FSCS like the other companies – Bates Millfield to name but two.

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