Feifa chief executive, Paul Stanfield, said: “LGT Vestra seems to bring a fresh approach to wealth management. The company works closely in partnership with financial advisers, providing them with the investment expertise that they may not have the time or resource to develop themselves.
“It also provides a range of services to IFAs; including technical support and CPD-based seminars and workshops on subjects including pensions, trusts, and corporate and tax planning.
“This is very much aligned with the work we do with our partner companies and this affiliation is a very good fit with our existing relationships, as we are seeing further increases in investment outsourcing within our member firms.”
LGT Vestra’s business development director, Michael Moss, will manage the firm’s relationship with Feifa.
Moss said: “Our client-focused discretionary model portfolio service is dedicated to working closely with advisers and we believe this working partnership adds significant value to the intermediary-client relationship.”
Feifa member companies are English-speaking advisory businesses, active across Europe and advising on cumulative assets in excess of €4bn (£4.6bn, $5bn).
The federation is a non-profit trade association and has partnerships with a wide range of companies, including all the relevant international life companies and the major asset managers and DFMs.