Financial planning firm Boosst has transferred to an Employee Ownership Trust (EOT).
The firm was founded in 2018 and its owner Keith Butten, managing director Josh Butten and financial planner and trustee Linda Butten have transferred 100% of their shares to the EOT without imposing any third-party debt on the family business. The new independent trustee is Steve Hardy, who is retired and is one of Keith Butten's first clients from more than 35 years ago. The firm said Hardy shares a deep understanding of the business and family values. Keith Butten said although it has become the industry norm, selling Boosst's team and clients to an external entity would "never si...
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