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Hogarth plans return to industry with new year venture

Former Bankhall joint chief executive Paul Hogarth is gearing up for a return to the industry.

Hogarth’s restrictive covenant ends this week and he is looking at launching a venture in the new year. This is likely to focus on wraps or providing exit strategies for retiring advisers – the two areas that interest him the most.

He says he is not interested in creating another Bankhall-style business to compete directly with his former employer.

Since Hogarth and fellow joint chief executive Simon Taylor quit Bankhall in August 2005, he has been working in a consultancy role for the firm. He says this reduced his restrictive covenant from the initial three years to 15 months.

Peter Mann replaced the pair as chief executive.

Hogarth says: “I will not be coming out with a carbon copy of a Bankhall or other such compliance support model. I do not really see the point as I have already done that. Whatever I was going to do, I was doing with one hand tied behind my back. Now I am ready for my next move but nothing will happen before the new year.”

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