Ignition Wealth to expand into Ireland


Ignition Wealth is boosting its advisory board and executive staff with new appointments with a view to the opening and establishing over Ignition Wealth Ireland, based out of Dublin.
Ignition Wealth chief executive Mark Fordree said Ireland was a competitive choice of destination for business operations, due to its size and business ecosystem.
“We see a strong match between our technology and capabilities and the Irish wealth demographic. Ireland has a small but concentrated population which is a great opportunity for us,” he said.
“We are looking forward to working with the Irish advice industry.”
To assist with the expansion, Irish fintech expert Peter Oakes has been appointed as a member of the Ignition Wealth advisory board, whilst Crowe Horwath has been appointed to assist in capital raising.
Fordree said a base in Ireland would allow for potential further expansions across continental Europe for Ignition Wealth, with a head of operations in Ireland to be announced forthwith.
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.