Financial planner unveils strong annual performance

From left: Nicholas Jones, John Cotton, Adele O'Neill, Barry O'Neill

Manchester-based Edgmoor Financial Planners has announced strong year end results with revenue up £77,000 from £510,000 to £587,000, and profits also up by £70,000 on the previous year’s trading.

Under the ownership of John Cotton and Barry O’Neill and working predominantly with partners, employees and clients of law firms, Edgmoor now has £88m of assets under management.

John Cotton said: “Despite a difficult 2018, with uncertainty over Brexit and fluctuating trading conditions, we have continued to succeed by providing sound advice based on our knowledge of what the legal sector and their clients need.

“We work closely with several law firms, including two of the region’s Court of Protection specialist solicitors, offering investment advice for those placed under the COP.

“In addition, we provide investment and financial planning for personal injury and clinical negligence claimants.

“There is an onus on us to deliver professional advice for people whose lives have been changed by accidents and life-changing conditions and that is what we seek to do.”

Edgmoor has recently appointed 30-year-old Nicholas Jones to its Centurion House, Manchester team as a paraplanner/technical administrator.

A fully-qualified financial adviser he will, says John Cotton, “be a valuable addition to our team as we move forward”.

Cotton and O’Neill formed Edgmoor in 2016 after working together at Pannone and Slater and Gordon.

Barry O’Neill said: “We have progressed steadily and strongly in a competitive sector. 2018 was challenging, but, rewarding and 2019 has begun well and with our new corporate identity, redesigned website and a team determined to succeed – we face the future with confidence.”