Wednesday, 24 July 2013 09:55
7IM sees assets under management pass £5bn
Investment firm Seven Investment Management has seen assets under management pass the £5bn milestone.
The corporate member of the Institute of Financial Planning was set up by Tom Sheridan and Justin Urquhart Stewart in 2002.
Assets have increased from £4.1bn in June 2012 to £5.1bn this year. Platform assets increased from £2.3bn to £2.9bn while assets on funds and model portfolios increased from £1.8bn to £2.3bn.
The firm's most recent development was 7Imagine which is an app to let clients and advisers see where their money is invested and how their investments are doing.
It also won a mandate with Towergate Financial earlier this month to manage the firm's passive multi-asset portfolios.
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Chief executive Tom Sheridan thanked Financial Planners for their support over the past decade.
He said: "We are very proud of what our team has achieved over the decade but I am even more grateful and appreciative for all the support and ideas that the planning and advisory community has given us over this time.
"Everything we have done has been to assist and support the professional advisory and planning community along with their clients. We listened, we acted and we seem to have been quite successful in providing at least a part of what planners felt that they needed to help build their business."
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The corporate member of the Institute of Financial Planning was set up by Tom Sheridan and Justin Urquhart Stewart in 2002.
Assets have increased from £4.1bn in June 2012 to £5.1bn this year. Platform assets increased from £2.3bn to £2.9bn while assets on funds and model portfolios increased from £1.8bn to £2.3bn.
The firm's most recent development was 7Imagine which is an app to let clients and advisers see where their money is invested and how their investments are doing.
It also won a mandate with Towergate Financial earlier this month to manage the firm's passive multi-asset portfolios.
{desktop}{/desktop}{mobile}{/mobile}
Chief executive Tom Sheridan thanked Financial Planners for their support over the past decade.
He said: "We are very proud of what our team has achieved over the decade but I am even more grateful and appreciative for all the support and ideas that the planning and advisory community has given us over this time.
"Everything we have done has been to assist and support the professional advisory and planning community along with their clients. We listened, we acted and we seem to have been quite successful in providing at least a part of what planners felt that they needed to help build their business."
• Want to receive a free weekly summary of the best news stories from our website? Just go to home page and submit your name and email address. If you are already logged in you will need to log out to see the e-newsletter sign up. You can then log in again.
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