Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a741162

Reach for the parachute: does your business have an exit plan?

by Eleanor Lawrie on Mar 19, 2014 at 07:00

‘We have a well-defined investment methodology. There are 11 people in the company with sufficient depth of talent to ensure the investment process continues.’

While no one likes to think the worst could happen to their business, especially if they have built it from scratch, the reality is that client money needs to be protected from bumps in the road.

If the FCA proposal concludes that tighter rules are needed, this goes some way to making sure investors get their money back if the business collapses. But the onus is also on individual wealth management firms to establish an exit plan that puts their clients’ needs first.

Sign in / register to view full article on one page

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:

Sponsored Video: Bringing it all 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

Sponsored Video: Barings on investing in Frontier Markets


From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.

On the road

Click here to find out more from the Audience Development team.

Read more...

A brave new world for wealth management

on Aug 01, 2014 at 10:58

Sorry, this link is not
quite ready yet