Regionally, the new SME investment venture chaired by 7IM founder Justin Urquhart Stewart, says Financial Planning firms could be the recipients of new investment via its platform.

In an exclusive interview, Mr Urquhart Stewart told Financial Planning Today that Financial Planning and wealth management firms could be among the firms that might receive new investment via Regionally.

Regionally is a platform to bring together investors and SME firms looking to scale up. It aims to invest in firms outside London but will avoid start-ups.

He said: “We are sector agnostic and are therefore very open to facilitating investment in financial services firms and Financial Planning businesses.

“If they fit the criteria, and their application and due diligence process is successful, then as long as they get sufficient interest from our network of investors, then they will be able to receive funding.”

In addition, Mr Urquhart said Financial Planners would also be relevant to introducing new investors to the Regionally platform.

He said: “Financial Planners and wealth managers are integral to our business model. We know that Financial Planners and wealth managers are often working with clients who have an affinity perhaps to a particular area of the UK or a reason to invest in a socially conscious way.

“We hope that these professionals can connect their HNW clients with us. Additionally, we welcome the opportunity for them to work both as a regional partner or a member on the platform.”

Regionally, based in the Midlands, is currently working on the launch of its platform.

• To read the full Newsmakers interview click here: Newsmakers – Justin Urquhart Stewart