Equilibrium expects to beat targets

WILMSLOW wealth manager, Equilibrium, says it will beat its annual asset target after securing £32.5m of new assets under management in the past six months.
 
The business has achieved 81% of its £40m annual target at the half-year and manages over £250m worth of assets for 525 clients.

Managing partner Colin Lawson said: “It’s been a great six months for the Equilibrium team; the stock market is starting to improve, helping us to deliver some impressive returns for our clients.
 
“Since the start of 2013 the financial services industry has changed radically with the implementation of the Retail Distribution Review (RDR), a shake-up many financial advisers will not survive.

“But we have based our business on transparency, especially when it comes to our commission free fee structure and this, coupled with our genuinely personalised management service, is why we are going from strength to strength.”
 
Last month Equilibrium opened its third office in Chester and six members of the team have recently been awarded chartered financial planner status.