View more on these topics

RSM Tenon launches low-cost restricted advice service

John Porteous
RSM Tenon head of wealth management John Porteous

RSM Tenon has launched an online advice portal and telephone advice service for its clients.

Link2wealth uses Cofunds as its platform and says it will look to offer a low-cost alternative to face-to-face advice. Through the client portal clients can buy and trade investments online on the Cofunds platform and look at valuations of existing investments.

Link2wealth also has a telephone-based service team.

RSM says the service will offer lower transaction fees and lower risk products in comparison to a full advice service. However, it is yet to reveal the charging structure of the new proposition. Clients with more complicated needs are referred to an RSM Tenon IFA.

RSM Tenon head of wealth management John Porteous says: “We are excited about launching this service and think that our online offering backed by a specialist team will prove to be a valuable resource for clients.”

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com