Ascentric, the UK-based financial wrap platform, has seen the departure of its head of sales, Shaun Sandiford.

A spokesperson told WealthTechBriefing that Mr Sandiford, who joined the firm a little less than a year ago in November 2008, left the firm to “peruse other interests.”

The spokesperson said the chances of employing a replacement are being reviewed at the moment.

Ascentric is a financial market wrap service for independent financial advisors, offering an online investment management and dealing platform. It enables IFAs to transfer their clients’ assets onto a single platform.