M&G Wealth hires new acquisitions director

M&G has appointed a new acquisitions director in order to boost the external growth of the business. 

Tim Clark, who has joined M&G from Loyal North, will be taking on the new role in the wake of M&G’s rebrand. Last month, the former Prudential business and Ascentric platform came under M&G’s brand.

CEO at M&G Wealth’s advice business, Chris Haines said:

“Tim has a unique and powerful knowledge of recruitment and acquisition in the financial services sector.

“He has achieved significant success throughout his career, helping a range of UK financial services organisations to successfully grow, develop and capitalise their businesses in a dynamic, profitable and fully compliant manner.

“Tim has a well-regarded network of advisory and recruitment contacts at both firm and individual level throughout the UK.”

Mr Clark has also worked in recruitment, acquisitions and development roles at Tavistock Investments, Benchmark Capital, and more. Part of his role will be to grow M&G’s operation The Advice Partnership through recruitment and acquisition. The partnership has recently announced the opening of an academy for the purpose of bridging the financial advice gap

Mr Clark commented:

“There is a well-marked need throughout the UK to address the financial advice gap. M&G Wealth has a clear and progressive strategy to play an important role in that while being fully focused on delivering better outcomes and experiences for its clients.

“There is a collective power and strength throughout the organisation to support scaled and responsible growth.”

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