View more on these topics

Paradigm takes 50% stake in Adviser Cloud

Business-Handshake-Finance-Deal-700.jpg

Service provider Paradigm Group has purchased half of software firm Adviser Cloud.

Paradigm has not disclosed the cost of the 50 per cent stake in the business, which provides back offices systems and software for advisers.

Adviser Cloud software is already being offered at Paradigm partner meetings, and further tools will now be fully integrated with Paradigm’s own investment offerings.

Adviser Cloud managing director David Wood says: “This partnership enables us to focus on our passion, which is to design cloud-based software that really works for financial advice companies and their support teams.

“We see a great opportunity in working with Paradigm to continue to design innovative, high tech and integrated products for financial advisers.”

Paradigm senior partner Paul Hogarth adds: “We are looking forward to helping drive forward this joint venture with our initial focus being the provision of a competitive, web-based back-office system for IFAs that require an alternative to the current industry offerings.”

Recommended

Business-People-Portfolio-Hire-Appointment-700x450.jpg

Pimco ‘to cut staff following mass outflows’

Pimco is expected to make staff cuts as a result of the flood of outflows the asset manager has suffered since self-titled ‘Bond King’ Bill Gross left the firm. Investment consultant NEPC has warned investors it anticipates Pimco will make cuts to its non-investment staff as it scales back the business as a result of […]

Legal-and-General-LG-500x320.jpg
3

L&G staff vote for industrial action over Kingswood closure

Legal & General staff have voted for industrial action over the closure of the insurer’s flagship Kingwood office but have stopped short of supporting a strike. In a final ballot of members of the Unite union, 67 per cent of members voted in favour of industrial action short of a strike, which can include working […]

2

Apfa: Clients need to know what they pay towards regulation

It will come as no surprise to readers of Money Marketing that an issue continually at the top of our members’ wish list for policy action is the cost the current regulatory system imposes on their businesses. While there is clear consensus on the need for consumer protection, particularly given some of the recent misselling […]

FCA logo new 3 620x430
1

FCA holds back on inducements due to Mifid II

The FCA has chosen not to publish its findings into inducement deals between providers and advisers as a result of Mifid II. The regulator published final guidance on inducements, including payments to secure distribution and corporate hospitality, in January 2014. Supervisory work on inducements paid to advice firms by providers and fund groups has continued […]

In Focus Ebola cover - thumbnail

White paper — In Focus: Ebola Virus Disease

Jelf Employee Benefits focuses on Ebola Virus Disease (EVD) and what this means for businesses with operations in West Africa. This will be of particular interest to those with employees either travelling to, or living within, West Africa, the area affected by the most catastrophic outbreak of Ebola to date.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment