The Federation of Independent Financial Advisers had soft closed its partnership programme earlier this year, but chief executive Paul Stanfield said these partnerships “are excellent examples of relevant additions to our existing alliances.”
“F&C Thames River is a very well-known name of course, with a performance focused, absolute return orientated approach and some highly-rated managers like Ken Kinsey-Quick, Gary Potter and Robert Burdett managing a range of top-performing funds,” said Stanfield.
“Cheviot, however, is entirely focused on providing discretionary management services, an area that our members had specifically highlighted as being of interest, and where we had only a small number of alliances presently in place.”
FEIFA, a non-profit trade association for English-speaking IFAs, represents more than 300 advisers operating in 25 European countries and further afield, advising on estimated assets in excess of €2bn.