Rowan Dartington launches IFA business

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Rowan Dartington has launched a fee-only independent financial advisory business, after acquiring a significant stake in Stafford House Investments (SHI).

The Bristol-based wealth manager bought a 70% stake in SHI, which it said would complement the group's core wealth management business and would extend the advice service it can offer to clients. The remaining 30% stake is held by key employees at SHI, including chief executive Jeremy Wake. Rowan Dartington currently offers advice through its Signature private client proposition. Currently four advisers work at Stafford House, but the group said that over the next couple of years there would be a large expansion. The advisory team, led by Wake, will operate on a fee-only basis, ...

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