Nationals target small firms in New Year recruitment drive

Tenet Group, Best Practice and Moneygate have all sent recruitment emails in the last week. Most advisers are on contracts with between one to three months' notice, making October and November an ideal time for firms to recruit. Moneygate - who last month said they hoped to complete seven IFA acquisitions in the next six months - have also sent emails to advisers offering to buy their firms. But advisers have questioned the nationals' approaches, saying their recruitment tactics are impersonal and unsuccessful. "I find them quite amusing," said Martin Bamford [pictured], MD of I...