A Manchester-based financial advisory firm has just announced end of year results and signalled its intention to grow in 2018.
Pareto, which specialises in providing independent advice and assistance to owner-managed businesses and high net worth private clients, reported a turnover of £4.1m in 2016/2017. It has forecast further growth of 15% in 2018.
The business is in its tenth year and said that that 46% of its turnover is from recurring income, from new and existing funds under management, representing a 33% growth on the previous year.
Operations manager Nicky Aspray said: “Apprentices are vital to our economic growth. We at Pareto recognise that and see the value in giving young workers a decent start to their career. They help us grow our own key employees for the future.
“Pareto is developing a training academy ethos through all its departments to allow for it’s employees to naturally grow and develop their skills. This will play a vital role in the company’s prosperity, both in the coming year and in years to come.
“As employers we have a responsibility to train the next generation and we see apprenticeships as a valuable asset to any organisation, providing you commit to the continued support and patience they require.”
The firm, which based in St John Street, was founded in 2008 by John Stevenson and George Chantry, and since then has achieved year-on-year growth. It employs a large team of financial experts covering both private and corporate financial advice.
(Picture shows, left to right, John Stevenson, Paul Stones, Stuart Carswell and George Chantry)