RSM Tenon Financial Services rebrands as Lemontree

RSM Tenon Financial Services has changed its name to Lemontree Wealth.

The firm says that it does not have a statement on the name change.

In the firm’s annual results to June 30, released in September,  it cut its dividend by over half from 1.6p in 2010 to 0.55p per share as it seeks to “preserve resources in an unpredicted business environment”.

RSM Tenon saw a 12 per cent increase in profit before tax to £27.1m, from £24.1m in 2010.

RSM Tenon’s results for the year to June 30 were helped by the acquisition of RSM Bentley Jennison in 2009 and some assets of Vantis in 2010.