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Foster Denovo exodus continues as two more partners quit

Two more partners have left Foster Denovo, in the latest of a series of high profile departures.

Tim Coxon and Harvey Clear are leaving the firm’s Weybridge office at the end of the year.

It comes after Foster Denovo founding partner David Pugh left the firm in September with two other partners to start their own company.

Another partner, Peter Butlin, departed in October. Later the same month Money Marketing revealed a further four partners had left, meaning the firm had shed 15 per cent of its advisers in the last 12 months.

Foster Denovo says it has authorised three new partners this week.

Sales and marketing director Darren Laverty says: “I can confirm that two partners will be leaving our Weybridge, Surrey office – Tim Coxon and Harvey Clear. They will be leaving at the end of the year.

“Whilst I am disappointed they are moving on, I wish them every success. In the meantime we have authorised three new partners this week with several more in the pipeline.”

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