Taunton-firm boosts numbers to service 'Mr Average'

Managing director of InvestSouthWest, Dave Penny said he thought that the banks and IFAs pulling out of the mainstream market was a "crying shame". The firm, which now comprises 10 advisers, had taken on four in recent months and is looking to recruit another three over the next month or so in a bid to provide financial advice to the mass market. Penny said: "Where does the average man on the street go to get financial advice these days? There is a massive space in this market.  "The banks have pulled out of financial advice, and most IFAs are talking about segmentation and wealth ...