Charcol Holden Meehan director Amanda Davidson says the high-networth IFA has never been part of Bradford & Bingley's core business activities.
She has urged Bradford & Bingley to find a buyer as soon as possible so as to keep any period of disruption at the London IFA to a minimum.
Davidson says she is surprised that B&B has decided to sell its subsidiaries, given that it only acquired Holden Meehan, which has a total of 34 RIs, 12 months ago.
She says: “I am surprised but we were never part of B&B's core activities and we do not fit in with its plans. The sooner that we have certainty, the better.”