BMF is part of the Brooks Macdonald Group which manages around £5bn of discretionary funds on behalf of private clients, trusts and charity clients. The group created BMF in 2011.
“We feel that BMF adds an interesting dimension to our existing partnerships and offers something credible and potentially unique to our member IFAs,” said Federation of European Independent Financial Advisers chief executive Paul Stanfield.
The relationship with FEIFA will be managed by Linda McLaren who joined BMF in February this year. McLaren is well known in the international adviser community, having previously worked for Mauritius based VAM Funds and before joining VAM in 2010, for Standard Bank and Royal Skandia.
The partnership will see FEIFA help BMF to promote its investment funds to the Federation’s members.
FEIFA is a non-profit organisation established in August 2009 to represent the views of and to support English speaking advisers working on the European mainland. It now has member companies operating in more than 25 European countries and, through its partnership programme, has created alliances with more than 40 companies.
The last partnership agreed by the organisation was with SEI, a global company which provides access to leading fund managers from around the world.