Ashcourt Rowan transfers six investment staff to Walker Crips

Ashcourt Rowan subsidiary Savoy Investment Management has transferred six investment management staff to Walker Crips.

Under the terms of the deal, Walker Crips will pay Ashcourt Rowan £425,000 and reimburse third party costs associated with the transaction. Ashcourt Rowan will facilitate the transfer of the six individuals, and any clients wishing to move with them, to the stockbroker with immediate effect. The deal is part of Ashcourt Rowan's ongoing strategy to focus resources on developing those areas of the business aligned with its integrated investment and wealth management proposition. "As we continue to re-model the Ashcourt Rowan business I am pleased we have been able to come to this agr...