PK Group, a UK-based firm of accountants, tax specialists and financial advisors, has launched a new discretionary fund management business, called PK Wealth following the receipt of regulatory approval.
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The newly launched firm will offer fully integrated wealth and business solutions for HNW individuals and owner managed businesses, as well as specialist tax and accounting services with independent financial advice.
PK Group in a statement said that the launch of a discretionary fund management service will help position the firm as the trusted advisor to its private and corporate customers.
PK Wealth will be headed by former Bestinvest CIO Graham Frost, who has been appointed as CIO.
In his new role, Frost will work closely with investment director Michael Usher, a former Brooks Macdonald director.
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By GlobalDataPK Group CEO Patrick Kennedy said: "The launch of PK Wealth further strengthens our position as a holistic financial services firm and I am delighted that Graham and Michael have joined our dedicated team.
"They are highly regarded in the wealth management industry and PK Wealth will benefit from their wealth of experience combined with the in-house accounting, tax and financial planning expertise already present at PK Group."
