Tenet has announced its decision to cut staff as part of a strategic response to network closure. This decision has sent ripples across the real estate sector, prompting discussions about the challenges faced by companies in an ever-evolving market. In this blog post, we delve into the implications of Tenet’s staff reduction and network closure, […]
Author: Messi
Another 18 Advisor Firms Left Compliance Network Tenet Group since January 2023
As per FCA register, another 18 firms of advisors left the compliance network Tenet Group since the beginning of the year 2023. In 2022 also, a total of 110 firms of advisors left Tenet Group (TenetConnect Ltd and TenetLime Ltd). On the other hand, not even a single advisor joined Tenet Network in 2023 and […]
Tenet Group sacked CEO Mark Scanlon and CFO Martin Tyler
Tenet Group has appointed Helen Ball as chief executive with immediate effect, with current CEO Mark Scanlon and chief financial officer Martin Tyler to leave the firm. Scanlon and Tyler will leave with immediate effect, the firm said. Recent years have proved the worst for Tenet Group. Tenet as Group made a record loss of […]
Four More Firms Of Advisors Left Tenet Network
Four more firms of financial advisors left Tenet Network in January 2023. Again, none joined in the same period. Tenet Network continued to enjoy the worst reputation in the financial industry. In 2022, a record 110 firms of financial advisors, both mortgage advisors as well as independent financial advisors, left Tenet Network. On the other […]
MD Tenet&You, Simon Broadley quits the network
After a year in the position, Simon Broadley resigned as managing director of the advice network Tenet&You. Currently, he serves as the chief commercial officer for the Furness Building Society. Late last year, Broadley quit Tenet&You, the appointed representative of the Tenet company. He has also resigned from his seat on the Association of Mortgage […]
Best Mortgage Networks / IFA Networks in 2022
The table below shows the best mortgage networks / IFA networks in 2022. From the FCA register, we have prepared a list of compliance networks showing the number of appointed representatives (ARs) they had at the end of year 2021 and how many left and joined them in 2022 and how many they have now […]
Another Advisor Firm Left Compliance Network Tenet
As per FCA register, another firm of advisors, Enduralife Ltd, left compliance network Tenet on 23 December 2022. Counting this, the total firms left Tenet Network in 2022 are 110. On the other hand, only four joined Tenet Network in 2022. This is very embarrassing for this infamous compliance network for financial advisors. Enduralife Ltd […]
How Many Advisor Firms Left Tenet Network in 2022
The hot question in mortgage industry nowadays is “how Many Advisor Firms Left Tenet Network in 2022”. As Per FCA register, 110 firms of advisors left Tenet Network in 2022. This is by far more than any network in the UK. On the other hand, only four firms joined Tenet in the year 2022. Keeping […]
Tenet Group’s Equity reduced to one third
Listed below in the table is 15 years’ worth of year wise financial record of Tenet Group. The Tenet Group consists of many group companies. These figures are consolidated figures of all group companies of Tenet. We have taken this information from Companies House record. Tenet Group has the following group companies: List of active […]
Comparison of Financial Results of Networks
Table below is a comparison of financial position of the top mortgage or financial networks in the country. This table clearly shows that the financial situation of Tenet Network (tenet group) is in a extremely bad state. The losses of Tenet Network are increasing very fast. Equity of Tenet Network (Tenet Group) has been reduced […]