Editor's view: Exits and change afoot

The editor's Friday Night Takeaway from 6 September

Jen Frost
clock • 1 min read

PA’s top read stories centred on big business changes this week, for better or for worse.

Sussex-based investment and wealth management firm Facet Investment Management recently became the latest advice firm to fall into administration, as reported on Wednesday (4 September).   Presently, it seems there is no end in sight to regular firm failures and exits. The once mighty Tenet Group called in administrators in June. The following month, Donre Advisory, an Islington-based investment adviser that had FCA restrictions placed on it, entered liquidation. Other advice and related businesses that have bid goodbye this year include West Yorkshire's WR Simon Ashley Silver, PH7...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

All the advice firm acquisitions that have taken place in 2025

All the advice firm acquisitions that have taken place in 2025

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 20 January 2025 • 1 min read
Continuum reports assets rise of 23% to £2.4bn

Continuum reports assets rise of 23% to £2.4bn

Tenth consecutive year of double-digit percentage growth

Jen Frost
clock 20 January 2025 • 2 min read
Editor's view: When scams become a laughing matter

Editor's view: When scams become a laughing matter

The editor's Friday Night Takeaway from 17 January

Jen Frost
clock 17 January 2025 • 5 min read