Mary Brady

A successful result for the Knox Group of Companies

March 29, 2017

This week sees the completion of Knox Financial Services’ sale of its Lasenby Knox business to Edgewater Associates, which follows closely behind Edgewater Associates’ acquisition of MBL Financial.

Steve Locking, former Managing Director at Lasenby Knox moves on to continue his career in the financial advisory arena.

Discretionary fund manager Creechurch Capital, which is part of the Knox Financial Group, will also see its Head of Investments move to Edgewater Associates to pursue a career in the financial advisory space as the Knox Financial Group of companies focuses its services within the discretionary marketplace. The Knox Financial Group will retain its Lasenby Knox brand in the UK.

Commenting on his team’s exit, Steve Locking said: “As the Knox Financial Group moved its strategy away from the IFA market, the leadership team worked with us to ensure a positive exit. We’d like to thank them for this support and we look forward to making more announcements around our new firm’s official launch in due course.”

Mary Brady, chief operating officer at Knox Financial Group added: “We see increasing opportunities in the local market for our discretionary management services which complements Creechurch Capital’s significant growth internationally. Six years from launch and eight international industry awards later, we’re ready to build on these strong foundations.

“Even though we are choosing to exit the advisory space, Steve and his team have done an excellent job for us and we wish them the very best for the future.”

 


Associated Offices
Douglas
Knox House, 16-18 Finch Road,
Douglas IM1 2PT
London
7 Old Park Lane, London,
W1K 1QR
Manchester
Blackfriars House, Parsonage,
Manchester M3 2JA

Clients are advised that the value of investments can go down as well as up. Creechurch Capital Limited is licensed by the Isle of Man Financial Services Authority and registered in the Isle of Man, number 5267V.
VAT Registration No. 003 2910 30. Registered Address: Knox House, 16-18 Finch Road, Douglas, Isle of Man IM1 2PT. For your security communications may be recorded. Full product details including Terms & Conditions and Fee Schedule are available upon request.