Order From Chaos brings 20% growth
A Middlesbrough-based financial advice company has reported a 20% growth in its last trading year thanks to the uncertainty of the current economic situation.
Order From Chaos - part of the Financial Advice Bureau which advises on and arranges very low risk pension and investment funds - is anticipating further growth as people seek to safeguard their investments through the recession. Order From Chaos has reported a 220% increase in business activity in its first quarter up to December 2008, compared with the same period in 2007.
Dave Harvey, senior partner in the firm, says the reason for such speed of growth from May 2006 is due to new public awareness that the old investment model is “broken” and says 21st century concepts must now be applied to people’s investments.
“The horrendous failure of some banks and insurance companies to provide sensible and secure investments has led to some members of the public losing as much as 50% of their money in the 12 months to 31 January 2009,” said Mr Harvey.
“Money is not just slipping away, it has fallen over the edge of the cliff and nobody seems to want to tell their clients the truth or indeed how to put it right.”
Mr Harvey says many insurance companies are refusing to allow their clients to withdraw from their property fund investments without giving six months notice - so their client’s hands are tied whilst their money evaporates.
For more information on Order From Chaos and the Financial Advice Bureau, call 01642 816476 or email firstname.lastname@example.org.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
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