Tally-Ho Ventures Inc., an international wealth management firm, announced the franchise of the operational side of its non-European distribution arm, Belgravia Intervest, to Affinity Trust, a European registered firm of financial advisers.
Affinity Trust has agreed to pay the Company $100,000 per month for five years with an option to purchase this division at the end of the contract.
“In line with our longer term view for Tally-Ho to become a dominant force in the European financial services markets we believe in leveraging our brand name,” said Peter Smith, CEO of Tally-Ho Ventures. “The gross margins that will be generated by this transaction should be tremendous.”