Financial services firm exceeds £1bn of assets under management

Manchester-based Pareto Financial Planning has increased turnover by 22% and exceeded £1bn of assets under its management.

Paul Stones took on the role of Managing Director in 2021 taking responsibility for the overall performance of the company and Pareto’s growth objectives as set by the board.

Additionally, Pareto increased headcount by 20% to more than 70 as it continues to expand its operations.

Pareto secured three new partnerships, adding North West-based Beever and Struthers, Wyatt Morris Golland and Langricks to a growing number of chartered accountants that instruct Pareto to provide a range of financial planning services to their clients including pensions, protection, investments and corporate planning advice.

Stones said: “With economic uncertainty more pronounced, now more than ever, it is critical that those seeking to protect and secure their financial future can do so with the confidence that the team they work with are personal and approachable. Everyone’s circumstances are unique and at Pareto we pride ourselves on the service we provide. Our growth, while pleasing, is testament to our team’s dedication and our focus from top to bottom on the values we share with each other and our clients.”