Leicester IFA mulls London expansion

A Leicester-based independent financial advisory firm says it is looking to expand into London after a 300% hike in profits over the last three years.

Westerby Group says that both divisions of its business are performing well, with significant growth in combined turnover (50%+), profit (300%+) and employee numbers (50%+) over the last three years.

Steve Harvey, managing director, said: ““I’ve been in the industry for 36 years and with Westerby Group for the past five. It’s a huge achievement to have grown so much in size over such a short space of time. Each and every year the company reinvents itself in light of current compliance, politics, economic conditions and industry trends. These constant challenges in the industry actually allow us to differentiate ourselves by staying ahead of the game, where we need to be.”

The company, which has just celebrated its 30th anniversary, says it is now looking to expand further, as its considers opening a London office as well as growing their teams in Leicester.

Harvey added: “We have really flexible working conditions and we’re very transparent as an organisation. We highly value our team and invest in them through professional qualifications, appraisals, staff events and frequent team meetings. We strive to be highly communicative. We are very lucky but then we also work incredibly hard on our team culture.”