Finance firm is seeing growth

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A WEALTH management practice in Scarborough is enjoying growth with a move to larger premises and new staff appointments.

In light of business expansion Lawrence Neil Wealth Management has relocated from York Place to offices within the Wykeham Business Centre.

The firm, which is a senior partner in the St James Place Wealth Management partnership, is also growing its team of staff after taking on mortgage advisor Andrew Lawrence, and apprentice Lauren Storrey who is studying business administration.

Senior partner Neil Fletcher said: “We started out at Central Chambers then moved to York Place and have now moved to Wykeham.

“At each stage we have grown as a business, and in this case we got to the stage where we needed larger office space as we expand our team of staff.”

Mr Fletcher said the Mr Lawrence and Miss Storrey are settling in well to the practice.

He added: “We are glad to be supporting the apprentice scheme. Our industry is very specific, and this is a great way of offering hands on experience while acquiring the skills required in business.”

Lawrence Neil has seen a successful 2011, working with clients across the country as well as in Scarborough, and now managing assets in excess of £40 million in client money.

The main area of the firm’s work is pensions and investments, though it also offers advice in corporate financial planning, mortgage advice, and inheritance tax planning.

Former Yorkshire Cricket star Craig White is also on board with the firm, working as a development consultant in the professional sports area of the practice.

The practice has been with St James’s Place Wealth Management since 2000.

St James’s Place Wealth Management is a FTSE 150 listed company, and a frequent winner of the Financial Times Wealth Manager of the Year.

It is a partnership of financial advisors, with each advisor acting as a partner with their own practice.