Helm Godfrey has taken over Fresh Finance, the specialist IFA firm which was originally set up for the gay community by Ivan Massow.The deal, which comprises the business and assets of Fresh, will see Helm Godfrey take on Fresh’s four advisers and assimilate its Tamworth office into its branch network. The acquisition takes Helm Godfrey’s number of advisers to 37. The firm says it is still on the acquisition trail and is targeting smaller IFA businesses with around six advisers and a turnover of between 600,000 and 900,000. Fresh chief executive Linda Clark will take over as Helm Godfrey’s director of finance and operations, replacing 74-year-old Anthony Winner, who is retiring shortly. Fresh was set up by Massow 15 years ago. It has 16,000 clients on its database and specialises in financial advice for the gay community. Helm Godfrey majors on wealth management and employee benefits and its London advisers will move into Fresh Finance’s City office. Helm Godfrey managing director Bruce Wilson says: “I think specialism in the market will continue, regardless of where that specialism lies. What we have brought is quality advisers and quality clients. Fundamentally, IFAs are about relationships and the better you can understand the relationship with your client the better you can provide them with advice.” Clark says: “It was important to us when agreeing this deal with Helm Godfrey that they would continue to support our client base.”
FSA Solutions has set up an e-learning compliance programme for regulated firms and employees in the GI sector. The system is accredited by the Chartered Insurance Institute and available through the firm’s website or through the Acturis Broker Platform.
Do you believe, like Sesame, that the Government is trying to take control of advice from the private sector and effectively nationalise advice?
Youngsters could learn all they need to know at a financial boot camp
SimplyBiz and Worldwide Financial Planning have signed up to the Standard Life wrap and the service is being rolled out to advisers.
Pension specialist Fiona Tait gives an update on three big announcements from the 2016 Budget – Pensions Advice Allowance (PAA), the Lifetime ISA (LISA) and the pension dashboard. £500 Pensions Advice Allowance What’s new Under current rules it is possible to deduct an adviser charge from a defined contribution pension fund to pay for financial […]
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