Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/new-model-adviser/article/a647141
Steve Young snaps up Threesixty's Sense stake
by Rachael Revesz on Dec 20, 2012 at 15:59
Support services provider Threesixty has sold its 15% stake in Sense to the network's commercial director Steve Young.
Threesixty managing director Phil Young has stepped down from his role as a director of Sense following the sale.
Sense managing director Tim Newman said: ‘As a consequence of the transaction, Phil Young, as Threesixty’s representative, will no longer be a director of Sense and he leaves with our thanks for his wise counsel and guidance. Our relationship with Threesixty remains extremely strong and they will continue to supply us with high quality compliance support in the future.’
Newman added that Steve Young (pictured), who has been a director since January, will continue to develop the network and support services business.
Threesixty bought the stake in Sense in January 2008, one year after the network was set up.
News sponsored by:
Today's top headlines
More about this article:
More from us
- Sense to buy clients from retiring director duo
- David Ingram joins forces with network Sense for investment committee
- Sense posts £310k profit and warns of 'bumpy ride' for rivals
- Sense becomes first network to join Sifa
by Jun Merrett on May 21, 2013 at 15:55