Profile: Andrew Merricks

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"Why should the mega-rich get a better level of service? They need it less."

Skerritt Consultants went discretionary in July 2008. Head of investments Andy Merricks says it was the best move the company ever made, but “bloody hard work”. The Brighton and Hove-based IFA received FSA approval following eight months of toil by the company's administration team, and Merricks himself says he had to go "back to school" to take the Investment Management Certificate (IMC). "I was getting increasingly frustrated by not being able to do the job I wanted for clients," Merricks says. "Investments work until the markets change and are no longer doing what you want them to....

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