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IFA firm opens new office in Glasgow

Telford-based IFA Start Independent is opening a branch in Glasgow, with 18

RIs set to join its sixth regional office when it opens on February 1.

Start Independent is part the Lifeboat Group, which also includes IFA

network A La Carte.

Start Independent, which has 70 RIs, aims to recruit 600 more advisers

before parent Lifeboat&#39s proposed flotation in 2005. The group hopes to

sell two 9.9 per cent stakes to product providers in the second quarter of

the year.

The Glasgow office can accommodate 25 in-house IFAs plus a further 80

working from home. The firm says it aims to boost the number of RIs in

Start Independent to 100 by the end of February.

Lifeboat Financial Group chief executive David Kitchen says: “Glasgow is a

thriving business centre and we believe the potential there is massive.

There is also a big demand for a quality IFA outfit in Glasgow and we have

taken on board the strength of feeling and decided to expand our IFA

operation North of the border.”

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