Towry Law is to recruit ex-bank advisers and upscale wealth managers following the Retail Distribution Review (RDR), according to its chief executive.
Andrew Fisher said the firm planned to increase adviser numbers in its Leeds office between 20% and 30% over the next few years. "We think some people will exit, I think the various big banks will probably look to exit, certainly the affluent part of wealth advice. And others may choose to retire and not carry on in the area," he told the Yorkshire Post. "For us we think there's a good opportunity to expand through recruiting those people who aren't working for firms that carry on anymore, to look after clients who find their current advisers don't do the business, and we also think t...
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