Nottingham financial services group breaks £400m barrier

The RU Group, a Nottingham-based group of financial services companies, says it has topped £400m of assets under management on behalf of its clients – its highest total to date.

The group, with headquarters at the ng2 Business Park in Nottingham, currently has £406m in private wealth under management in its model portfolios and investment propositions. This has increased by 37% in the last financial year.

The RU Group consists of two Nottingham-based companies, Russell Ulyatt Financial Services and Greenhalgh Financial Services along with Derby-based Shevill Parkes Financial Services and Sheffield-based Hart Shaw Financial Planning.

The company roots dating back to 1881.

Ian Browne, head of advice at The RU Group, said: “This is a significant achievement for The RU Group and another indicator of the company’s continued growth. This landmark total has been achieved through a combination of our advisers’ expert market knowledge growing the investment portfolios of our clients and new client acquisition as part of our ongoing growth strategy.”

Browne added: “It has been a strong start to 2017 for the firm and our clients and with plans for further growth throughout the year, including recruiting new staff at our Nottingham and Sheffield offices, we are on track to build on recent successes.”