Wealth management firm reports record results as turnover increases 45%

Nottingham-based Ryley Wealth Management has hailed record annual results with turnover rising 45%.

Ryley Wealth Management is the largest St. James’s Place practice in the East Midlands and one of the largest in the country, providing wealth management advice to personal and corporate clients and sports professionals.

The business had previously invested significantly in new IT and systems and in 2016 relocated to offices at The Arc on the ng2 business park.

Turnover for the year to December 2017 increased to £2.9m and over the same period increased the clients’ funds under management by £55m.

It said this growth has continued in 2018 with total funds under management now exceeding £400m.

Chief Executive and founder David Ryley said: “2017 was an excellent year for the business and its clients and justifies the relocation and significant investment we made the previous year.
“We believe we have made significant strides in building our client service proposition to provide great ongoing advice and guidance in the best ways of managing wealth which we believe has been a significant contributor to our growth.”

Ryley Wealth Management currently employs 28 staff in Nottingham.