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Finance4Women founder sets up firm for divorcees

Finance4Women co-founder Karen Ritchie has quit to set up a company specialising in financial advice for women after divorce and separation.

The new firm, Financial Planning for Women, is an appointed representative of CF Pensions Consultants.

It will deal primarily with divorce and pensions and is based in London.

The majority of her clients are female but Ritchie says she will also consider male cases.

Ritchie has brought her client base of 140 across from Finance4Women, the niche IFA firm backed by M2.

She says CFPC will give her the compliance and technical support needed to focus on her new specialist practice.

Ritchie says: “I have always wanted to specialise. I met CFPC at a Sofa conference on pensions and divorce and we began talks, with both sides feeling it would be a positive relationship.”

M2 managing director Mark Howard says: “We wish Ritchie well. Finance4Women will continue to be a small, successful niche player.”

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