Fintel, the adviser software and data support company, has appointed current chair Phil Smith to be its new executive chair for up to 18 months. 

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, has reported profits up 11.2% to £11.8m in the six months to 30 June.

Fintel Services, whose parent owns Simplybiz and Threesixty, is launching a new proposition to connect suitable buyers and sellers as part of an initiative to help Financial Planners and advisers retiring or looking to exit their business.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said profits grew 11% in the first half of this year to £11.8m.

Fintel, owner of threesixty and Simplybiz, said that from August all advice firm customers will receive access to AI-powered file checks across every advice case, with human checks built in as standard.

Owen James Events is to launch a Festival of Finance event designed to bring together Financial Planners and wealth managers for a data and insight-driven, festival-style experience.

Adviser support services firm Simplybiz has launched an academy to train Financial Planners, Paraplanners, mortgage advisers and administrators.

Fintel has sold Gateway Surveying Services Limited and APS Legal & Associates Limited to Kairos Professional Services Limited.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, has established a joint venture with Indian AI fintech Intellect Design Arena Limited.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said profits grew 17% last year to £25.9m, up from £22.2m in 2024.

Fintech and adviser support services firm Fintel has splashed out £11m to buy Pearson Ham Group’s market pricing business.

Fintech and software provider Fintel is to launch a new distribution platform called Omnicore which will provide a direct link between advisers and providers. 

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said group revenue increased by 18.6% to £42.4m in the six months to the end of July.

Adviser support services firm SimplyBiz has launched an ongoing review service option to broaden its business consultancy service.

Chartered Financial Planner Ian Pickford, CEO of Forvis Mazars Financial Planning, will step down to become an independent non-executive director at fintech Fintel, owner of SimplyBiz, Defaqto and RSMR.

Tom Hegarty has been appointed as new CEO for adviser support services firm Simplybiz.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said statutory profits climbed 6.3% to £15.3m in 2024 as revenue climbed.

Fintel joint chief executive Neil Stevens will step down at the end of June, leaving Matt Timmins in sole charge of the fintech and adviser support services firm which owns SimplyBiz and Defaqto.

Financial services industry giant Ken Davy has been awarded an OBE in the King’s New Year Honours List.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said profits climbed 7% to £9.6m in the six months to the end of June.