Chase de Vere has launched a financial advice service exclusively for dentists in the UK, opening up the business to more than 6,000 potential new clients.
The launch of Chase de Vere Dental follows that of Chase de Vere Medical last year, which provides financial advice to the medical profession, and a partnership with the Royal College of Surgeons in July to advise its members.
As part of the launch the national advice firm has partnered with dental payment plan business Denplan to offer advice to its 6,500 member dentists, with a particular focus on NHS pensions.
Andrea Sproates, who currently heads up Chase de Vere Medical, will also lead the new dental service with a team of 16 independent advisers.
Stephen Kavanagh, chief executive at Chase de Vere, said: "We have provided exceptional financial advice and service to dental professionals for many years.
"It is a natural progression for us to launch Chase de Vere Dental, and through our partnership with Denplan, we will be able to offer our services to a larger number of dentists and become recognised as the ‘go to’ experts in giving financial advice to members of their profession."
The Chase de Vere Dental website contains information for dentists on how to best use their NHS pensions and private pensions, and find mortgage deals.
Catherine Rutland, head dental officer at Denplan, said: "We know from talking to our members that NHS pensions are a real concern for them when considering whether to move to a fully private practice.
"Our partnership with Chase de Vere Dental will give our dentists access to top quality independent financial advice with a particular focus on NHS pensions to help them answer any concerns they have."
In 2017 the advice firm completed its acquisition of Medical Money Management, a company which specialised in providing financial advice to the medical, dental and related professions.
In June Mr Kavanagh partially credited the successful integration of this business to Chase De Vere's strong 2018 results, which saw turnover increase from £57.38m to £68.49m and profits almost double to £10.62m.
rachel.mortimer@ft.com
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