We are pleased to inform you that The Adviser Centre has been acquired by the Embark Group with immediate effect.

Please find below an extract from the press release.  The full press release can be found in the PDF above.

“City Financial, founder of The Adviser Centre Limited (‘The Adviser Centre’), has entered into commercial arrangements with the Embark Group, which will see the two entities utilise their complementary capabilities to collaborate in the UK retail financial services market.

The first step in this collaboration is the transfer of ownership of The Adviser Centre, the awarding-winning investment research and consultancy service, from City Financial to the Embark Group. The business and The Adviser Centre team, led by Investment Director Peter Toogood, move with immediate effect and will operate independently of other subsidiaries of the Embark Group. The transition has been approved by all governance bodies.

The transition will allow City Financial to focus strategically on its core investment management capabilities across both alternative and multi-asset strategies, whilst retaining full access to the research capabilities of The Adviser Centre team through its collaboration with the Embark Group.

For the Embark Group, the transition accelerates the development of its service capabilities to the UK IFA and Wealth Management sectors, adding highly-regarded and experienced investment research personnel to its existing investment due diligence resources. It also deepens its digital reach into the UK IFA sector.

This further enlargement of the Embark Group continues the journey to create one of the UK’s leading digital retirement solutions providers, offering a full breadth of services and bringing together investment and pension administration, investment research, actuarial consultancy, specialist financial planning, employee benefits and investment wrap services.”

The Adviser Centre was launched in May 2014 and was awarded “Best Fund Rating & Research Service” by Investment Week in October 2015.  We plan to build upon this success, and in so doing, continue to provide a premium research and consultancy offering to the adviser community.

If you have any questions, please contact us in the usual way via info@theadvisercentre.co.uk