Network In Partnership, a prominent advice network, has recently made significant strides by acquiring two well-established paraplanning and administration support services providers, namely The Adviser Support Hub (TASH) and The Admin Pod (TAP). These two firms have been instrumental in offering outsourced paraplanning and administration services to not only In Partnership’s members but also to the broader financial advice community for the past 14 years.

This strategic acquisition marks a pivotal moment for In Partnership, as it aligns with the network’s commitment to providing enhanced support services in accordance with the appointed representative regime and the Consumer Duty rules. Kevin McDonagh, the CEO of In Partnership, expressed enthusiasm about the acquisition, emphasizing that it signifies the next phase of the network’s expansion. He highlighted the potential for growth in various areas in the upcoming months and stressed the seamless transition facilitated by the shared values and cultures of the involved parties.

The acquisition of TASH and TAP is expected to offer In Partnership’s advisers access to crucial support that will streamline the research process, ensuring robust and repeatable outcomes. This, in turn, will enable advisers to dedicate more quality time to their clients, in line with the requirements of the appointed representative regime and the Consumer Duty rules.

Director Daniel Galbally from TASH and TAP also shared positive sentiments about the acquisition, citing the longstanding relationship with In Partnership’s senior management and the cultural alignment between the organizations as key factors driving the decision. He expressed confidence in the future success of The Adviser Support Hub under In Partnership’s ownership, underscoring the combined industry expertise, resources, and shared values that are poised to elevate the firm’s position in supporting financial planners nationwide.

The acquisition of TASH and TAP by Network In Partnership signifies a strategic move aimed at enhancing the network’s service offerings and expanding its footprint in the financial advisory landscape. By leveraging the strengths and expertise of these acquired entities, In Partnership is poised to strengthen its support structure for advisers and further solidify its position as a leading player in the industry. This acquisition not only underscores the network’s commitment to providing top-tier services but also paves the way for synergistic growth and development opportunities in the evolving financial advisory sector.