View more on these topics

Foster Denovo poaches from SJP for London expansion

Business-People-Portfolio-Hire-Appointment-700x450.jpgFoster Denovo has poached from SJP among others as it expands its private client division in London.

Nikos Christoforou joins from SJP alongside Dafydd Davies from Fairfax Investment Bank, Olly Yorath from Fairey Associates and Robert Saunders, who has previously worked for Wise Pensions, Leadenhall, and Smith and Williamson.

Foster Denovo chief executive Roger Brosch says the firm plans to bring in many more specialists during 2018.

He says: “We are delighted to welcome the new advisers into the business; each deciding to join Foster Denovo to enhance their own career through our planned growth journey.”

The national firm also recently appointed Sharon Mattheus, Olugbenga Bello and Michael Walsh as new advisers.

New recruit Saunders says he wanted to join a firm that had critical mass but still had a personal feel and “did not try to shoehorn all advice into pre-set channels”. He says the ethics of the firm were also an important consideration.

Head of recruitment Paul Mattock says: “Large numbers of advisers today prefer to surround themselves with other like-minded individuals and a strong team of support staff in order to improve their skill sets, cut down on administration and operate at optimum capacity.

“And because of this, we saw real movement during 2017 – a trend that is set to continue, as we look to bring on board increasing numbers of high quality advisers.”


Foster Denovo makes acquisition to kick off growth push

National advice firm Foster Denovo has acquired employee benefits consultancy TEBC. The deal brings over 100 corporate client relationships, and Foster Denovo will look to build TEBC’s staff into its own employee benefits division, Secondsight. Foster Denovo says the deal is the first in an acquisition strategy it will be pursuing. Chief executive Roger Brosch […]


Foster Denovo profits hit £1.2m

Foster Denovo Group has recorded post-tax profits of £1.2m for the year 2014, led by its adviser business. The result represents a marked improvement from 2013, when the group recorded profits of £137,000. The group profits come off the back of a 5.7 per cent increase in revenues, from £24.97m to £26.4m, while operating expenses […]


Opinion: M&G Recovery fund – ripe for recovery?

To say that M&G Recovery fund has a long term record is something of an understatement. Launched in 1969 it has an esteemed longer-term history of outperforming the market and was the first investment of its kind. A fund that looked beyond the glamour and excitement of the largest, most successful companies, instead looking for […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment