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Fiona Price & Partners suffers exodus of RIs

Women-only IFA Fiona Price & Partners has been hit by a series of resignations that has cut its adviser numbers from 19 to eight.

Among the latest resignations are senior staff members Victoria Amey and Margaret Hardy, who are both set to join Professional Partnerships after 12 years with the firm. They will reunite with Professional Partnerships principal Gill Cardy, another ex-Fiona Price & Partners adviser.

In March, four RIs left Price to set up Finance 4 Women in Cambridge under the Millfield Associates Partnership scheme.

FP&P says the departures will not affect its plans for an all-women national IFA of 30 IFAs across the country and says it has replacements in the pipeline.

Founder and principal Fiona Price is no longer giving advice and is taking a back seat in the management of the firm.

Cardy says: “I think working there is not quite as special as it used to be because she is not there all the time.”

Price says: “From time to time, people go and they are replaced. We are no different to any other company. We have replacements lined up for everyone who has left.”

•The Women&#39s IFA Group founded by Fiona Price & Partners is launching its website, www.womensifagroup.co.uk, offering a chatroom, library facility and information on WIG events nationwide.

The site plans to host webcasts featuring leading industry figures.

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