Tilney Bestinvest is reportedly planning to hire nearly 25 financial planners over the next six months, as part of its strategy to double its financial planning team.
Apart from hiring financial planners, the company is considering expanding its footprint into new areas including Aberdeen, Cambridge and Maidstone.
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During the first stage of recruitment, Tilney Bestinvest will hire financial planners for existing offices in London, Liverpool, Glasgow, Edinburgh and Manchester.
Tilney Bestinvest is also planning to recruit five paraplanners to support advisers across the country in locations such as Newcastle and Leeds.
Moreover, the company will appoint seven executives to fill administrative wealth management support roles.
Bestinvest joint managing director of wealth management, Richard Dawes, said: "The upcoming merger with Tilney will bring increased financial planning scale and the new hires will allow us to fully support this growth."
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