Former Lighthouse chief executive Allan Rosengren has joined the board of Money Wise Independent Financial Advisers as non-executive chairman.
Rosengren retired from Lighthouse in October 2011, having previously been chief executive of Falcon Group. He remains the largest shareholder in Lighthouse with a 15 per cent stake.
Rosengren joined Rowan Dartington in March last year as relationship development director with its discretionary management service, Signature.
He says: “Having closely studied the business over the past few months, I have been particularly impressed with the quality and clarity of the Money Wise client proposition, their detailed plans for the next few years and the capabilities of the directors, advisers and staff.
“The business is well positioned to help clients capitalise on the economic conditions and is fully aligned with the demands of a fee-based financial advisory environment.”