- Frenkel Topping, a specialist independent financial advisor and asset manager focused on asset protection for vulnerable clients, has announced a strategic review by the board, including a potential sale of the group.

Frenkel Topping said it had made considerable progress implementing its strategic plan over the past two years to create a differentiated high growth platform which was expected to deliver superior operating margins together with long-term and sustainable earnings.

Executive chairman Jason Granite said: "Since 2015, the management and Board have successfully implemented a range of strategic initiatives transforming Frenkel Topping both in terms of enhancing our client service proposition and developing a highly scalable platform to drive growth in AUM and profitability.

"Whilst the competitive positioning and potential of the firm has been further enhanced by the Ogden discount rate review, the Board recognises that a strategic partner has the capability to maximise the Group's potential, to the benefit of our clients, shareholders and employees."

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