Tilney Bestinvest joins FEIFAs partnership

Tilney Bestinvest has joined FEIFAs partnership programme as the federation looks to meet a growing demand from its members for multi-asset portfolio funds.

Tilney Bestinvest joins FEIFAs partnership

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The Federation of European Independent Financial Advisers (FEIFA) said it has also seen an increased focus on bespoke discretionary investment management, available in sterling, euros and dollars, which it says are also provided by Tilney Bestinvest.

“We have seen a growing demand from our members for such services and this partnership compliments the small number of existing affiliations that we have in this area,” said Paul Stanfield, chief executive at FEIFA.

The partnership will be headed up by Mark Ommanney, director of business development at Tilney Bestinvest, and Richard Brown, director of business development at the company.

Ommanney added: “We have significant expertise in our field, and a track record of working with IFAs in the UK, Europe and the Far East.

“A formal partnership with FEIFA was therefore a very logical further step for us to take at this time.”

FEIFA is a non-profit trade association for English-speaking IFAs based or operating in Europe.

It has 37 member companies operating across more than 25 European countries, with its member’s assets under influence reaching over €3bn.

The association’s partnership programme was launched in March 2010 and assists members by providing information, unique products, services or arrangements, training, and professional development benefits.

“Internal matter”

In November, Stanfield announced that Premier Pension Solutions was no longer a member of FEIFA.

He told International Adviser: “Our executive committee feels that it would be inappropriate to comment further on the circumstances that led to that situation.

“This is an internal matter and confidentiality needs to be respected.”

Stephen Ward, managing director of the company, said he had “no comment to make” about its departure.

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