Other Citywire websites
Stay connected:

View the article online at http://citywire.co.uk/new-model-adviser/article/a646714

Syndaxi and Caroline Banks team up for new advice brand

by Rachael Revesz on Dec 19, 2012 at 11:01

Syndaxi and Caroline Banks team up for new advice brand

Caroline Banks & Associates and Syndaxi have launched a new advice brand combining the services of their firms.

The two London-based chartered firms have set up Particular, and said it would leverage Syndaxi's technical resources together with Caroline Banks & Associates' marketing expertise.

Syndaxi director Robert Reid (pictured) said the move would allow the two firms to gain access to a larger market, and did not rule out a merger.

‘Working with Caroline and her team will enable both firms to build on their similar strengths of solving difficult issues for clients, whilst developing a joint marketing initiative to maximise the market for our services,’ he said. ‘At this time we have no firm plans to merge but if that was to provide greater advantages than the proposed approach we would obviously consider it.’

Caroline Banks & Associates managing director Caroline Banks said the launch had formalised the existing links between the two firms.

‘Robert and I have had many discussions over the years about practice development and how to continually innovate for the benefit of our clients and the industry as a whole,' she said. 

'This has been a great success for both firms and with the implementation of the retail distribution review in January 2013, we have decided to formalise this arrangement further to allow both firms to maximise the impact of this industry change.’

3 comments so far. Why not have your say?

alan nedas

Dec 19, 2012 at 11:57

Congratulations & wishing both parties every success with their exciting venture.

Sharing a similar ethos is the way forward.

report this

Arthur Schopenhauer

Dec 19, 2012 at 15:06

2 class acts Merry Christmas and great success in 2013 onwards

report this

Andrew IFA

Dec 19, 2012 at 16:49

Rob Reid an i worked together many years ago, he is a class act and has done a great job for the IFA industry over the years, good luck to him in this venture.

report this

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Opportunities emerge as production moves back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

A spotlight on Alastair Mundy

Alastair Mundy met Citywire's Daniel Grote at the London Stock Exchange Studios for a detailed interview about the Investec Cautious Managed fund.


Saturday Newspaper Summaries

by Himanshu Singh on Jul 26, 2014 at 00:01

Sorry, this link is not
quite ready yet