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The managing director of one licensee, which was active during the phase-out of the accountants' exemption, has announced his successor.
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New MD for accountants licensing group
15 August 2017
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Joel Taylor, managing director of Fortnum Private Wealth, will be stepping down to take on a business development role.
Yesterday, Accountants Daily's sister title ifa exclusively reported that Mr Taylor would be handing over the reins to Neil Younger, the current managing director of the broader Fortnum Financial Group.
A spokesperson for Fortnum said the change was a personal choice by Mr Taylor, wishing to focus more on recruitment and support of the group’s financial adviser network.
“Joel has been instrumental in Fortnum Private Wealth's growth and success over the past two years,” the spokesperson said.
“He has built and led a highly professional team at FPW and continues to be a valuable member of the team. It is business as usual at FPW.”
One of the privately-owned firm’s subsidiaries, Fortnum Professional Strategies, was launched in November 2014 to provide licensing and consulting services to accountants ahead of the limited licensing exemption changes.
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Chartered accountant and business coach Scott Charlton was recruited to lead the venture.
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