Financial services firm, The Verve Group has shared its plans to consolidate its businesses this year as it looks to become a one-stop-shop for advice firms.
Speaking to FTAdviser, The Verve Group founder and chief executive, Cathi Harrison explained that consolidating the group’s existing companies under one brand is “the final piece of the puzzle” in its development.
Currently, the group offer adviser support services such as compliance training and outsourced paraplanning across its three brands: Apricity, Para-Sols and The Art of Finance.
The group also offers a two-year structured programme for new entrants to the financial industry via its graduate scheme and produces ‘That Mint Podcast’, a podcast on all things financial services.
The final arm of its current structure is The Verve Foundation, which looks after the group’s not-for-profit initiatives.
“Having lots of separate individual companies made sense at the time when we set them up, but made less sense as we got bigger and were working with more advisers,” Harrison told FTAdviser.
“Obviously I’m biased, but I think we’ve got a completely unique offering in the market. There is absolutely nobody out there that does paraplanning and exam training and compliance and business support.
Read more in our FTAdviser article here.