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The Morning Briefing: Brooks Macdonald results, Openwork-Embark deal extended

11 th March 2021 9:00 am Good morning and welcome to your Morning Briefing for Thursday 11 March, 2021. To get this in your inbox every morning click here. Brooks Macdonald sees financial planning revenue fall Brooks Macdonald reported a slight fall from £2m to £1.9m in revenue for its financial planning arm, in the six months to 31 December 2020. Speaking to  Money Marketing this morning , chief executive Caroline Connellan said this was down to its plans last year to “better organise” in a way to deliver for private clients. In the half year results, it also reported that funds under management hit record levels at £15.5bn.

Openwork and Embark extend deal for five years

Openwork and Embark extend deal for five years By Sonia Rach 11 Mike Morrow The Openwork Partnership and Embark Group have agreed to extend their existing distribution agreement to 2026. Openwork partnered with Embark and after a year of working together on Advance, the companies said they plan to develop the platform proposition to open up market access to the next generation of clients. Advance is Openwork’s primary wealth platform for new business and Openwork is also currently one of the largest distribution partners of the platform, with the majority of its wealth advisers on it. Openwork chief commercial officer Mike Morrow says: “Advance by Embark is an award-winning platform with a strong track record of innovation and we look forward to cementing a genuine partnership approach following a successful period of due diligence. The long-term agreement enables us to build on our shared goals and ambitions for the benefit of our advisers and

Listings, life company swaps and PE pouncing: All the platform deals of the last five years

Listings, life company swaps and PE pouncing: All the platform deals of the last five years
professionaladviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from professionaladviser.com Daily Mail and Mail on Sunday newspapers.

WiAS partners with Embark to increase support for women in financial services  - Global Custodian – The Leading quarterly magazine covering the international securities services industry

WiAS partners with Embark to increase support for women in financial services  - Global Custodian – The Leading quarterly magazine covering the international securities services industry
globalcustodian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcustodian.com Daily Mail and Mail on Sunday newspapers.

The Morning Briefing: ABI urges Sunak to scrap MPAA; Can Brexit fix advice regulation?

The Morning Briefing: ABI urges Sunak to scrap MPAA; Can Brexit fix advice regulation?
moneymarketing.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneymarketing.co.uk Daily Mail and Mail on Sunday newspapers.

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