Managing director Mike Foy said the company will launch later this month, bringing “a new brand to the market and a new way of doing things”.
“We’re buying open and closed books, so we’ve got a dual strategy. We’ve got a couple of deals already in train.
“We’ve also got some targeted distribution arrangements around the globe as third-party administrators,” he said.
Foy said growth would be through both the acquisition route and organically, adding that the company was “starting from a very profitable base”.
The relaunch had been positively received, he added, and that it was opening doors that were previously closed to Axa Wealth International, being part of a large insurance group.
Foy made his remarks as a participant in the CEO roundtable at International Adviser’s Fund Links Forum in London.
Axa’s Isle of Man-based offshore investments business was acquired by Life Company Consolidation Group in April.
