Jenna Brown talks to David Montgomery, managing director of newly formed M&G Wealth Management, about its shifting advice model and future growth strategies
M&G Wealth Management plans to triple the size of its self-employed adviser partnership business from its current roster of 70 and will transition its traditional Prudential Financial Planning (PFP) operation to a digital offering as part of its push into the wealth management space. M&G Wealth Management - launched on 30 September - is the new division in which both advice businesses and the Ascentric platform sit. Prudential Financial Planning currently employs 350 intermediaries while the firm's newer self-employed model The Advice Partnership (TAP) has 70 on its books. Managing...
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