Regional advisory firm Fidelius has launched a wealth management service; Fidelius Asset Management, in Bath.

The 10-year old firm, which has £80 million in funds under management, will run wealth management advisory services within its financial advisory service which also provides offshore and property solutions.

"We have a highly transparent fee-based service which is RDR-compliant," said Alan Philips, who runs the business together with managing director Ian Fox. "We will provide will and tax services but only if the client wants it – we won’t thrust the service onto them. ...