With large consolidation continuing to sweep through the industry, at the other end of the spectrum the trend of wealth managers setting up their own firms continues.
Kieran Follis, who stepped down as head of investment management at Ravenscroft’s Bishop’s Stortford branch in August 2022, has partnered with P1 Investment Services to form Magellan Research and Investment.
The business offers a range of model portfolios, blend active and passive funds. They will be available of advisory platforms along with the P1 platform.