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Money Portal is looking to cross-selling opportunities

The Money Portal says it will look to maximise cross-selling opportunities between its different adviser businesses rather than run them as completely separate entities.

The group comprises Bates Investment Services, Bates Millfield, Sage Financial Services, Willis Owen, GP Noble Trustees and Lifetime Estate Planning.

Chief executive Richard Craven has delivered an update to members on the process of integrating the Millfield advisers and confirmed his senior management team.

Chris Edge has been pro-moted from his role as finance director to group managing director after 12 months with TMP and will work with Craven to build synergies into business between the different business units. Diane Grey-Smith takes over from Edge as chief finance officer for the merged group after her stint as interim finance director for the last 12 weeks while Richard Pearson continues in his exis-ting role as group operations director.

Geoff Newman has been appointed head of group human resources. He is joining the firm from investment management consultancy Heds Consulting.

Head of group advisory business Glyn Clark will work across Bates and Bates Millfield.

Alan Easter continues in his current role as head of group product and business devel-opment and Frank Gorrie will remain as Sage Financial Services managing director. All three will report to Craven.

Craven says the business will operate strong financial controls and will place great emphasis on maintaining the firm’s track record of receiving no complaints.

He say: “I appreciate your support and loyalty and remain fully convinced we can transform this sector we operate in and achieve leadership status in doing so. I look forward to continuing to work with you all in this respect, either directly or through my senior management team. Let’s all strive to realise our individual potentials and the full collective potential of what we are building together.”

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