Pareto and Alexander sign joint venture

MANCHESTER-based Pareto Financial Planning has launched a joint venture with Stockport accountancy firm Alexander & Co to offer personal finance advice to Alexander’s clients.

The firm will offer advice on a range of issues including key person protection, shareholder cover, pensions, employee benefit schemes, critical illness cover and inheritance tax.

Paul Stones, who joined Pareto from AIB twelve months ago, will head up the venture and be based full-time at Alexander & Co. He has 17 years’ experience in financial services working previously for RBS and Lloyds TSB Private Banking.

John Stevenson, director at Pareto, said : “The Alexander & Co JV represents a particularly exciting time for Pareto as we look to expand our service offering to a wider range of clients.

“Having Paul work from the Alexander & Co offices permanently will enable him to work with existing clients, identifying opportunities to enhance their business and personal financial planning.

Adrian Berg, senior partner at Alexander & Co, said: “Our involvement with Pareto will provide us with a wide range of specialist, personal and business services to help our clients in the ever-changing commercial environment.

“By outsourcing these services to a respected provider, we will be offering quality financial advice to our clients.”