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Female firm sets up with Millfield

A breakaway all-female IFA firm, Finance 4 Women, is being set up by four former Fiona Price & Partners advisers under the Millfield Associates Partnership scheme.

Fiona Sharp, Catherine Haines, Karen Ritchie and Toni Chalmers have 35 years financial services experience between them. They are launching F4W in Cambridge this week, targeting business and professional females in East Anglia and London.

It is part of Millfield JP Associates, which has 15 registered individuals and is a franchise of the national IFA. Millfield will take a share of F4W&#39s turnover in return for support services, including IT and marketing.

F4W says it has autonomy and is responsible for its own day-to-day running. It believes there is a need for a new service staffed by women with expertise in advice for women as the working environment is going through significant change and divorce is on the increase. F4W says it will not turn away male clients.

Adviser Fiona Sharp says: “We understand the problems that women face, particularly young professionals who may be juggling children and work life. Women are a high percentage of the professional and business workforce and their requirements are often very different from men.”

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