North West financial planning firm raises profits and hires new staff

Pareto FP, a financial planning consultancy based in Manchester, has achieved growth in its 2014/15 year, made a series of fresh appointments and hired new staff in a bid to support ongoing expansion.

The company’s managing director, John Stevenson, said that Pareto FP’s profits have risen by 34% and its turnover by nearly 40% to £2.75m. Both figures are expected to rise over the next 12 months.

During the period, Pareto FP also added to its 29-strong team by hiring three new members of staff and promoting three others.

Commenting on the changes made within the company, its managing director, John Stevenson, said: “I’m persistently impressed by our hardworking staff at Pareto. These appointments and promotions mark the latest milestone in our continued financial success.

“We predict the introduction of the pension auto-enrolment will see us engage in a number of high-profile deals with corporate clients and referrers alike, which our staff are fully equipped to deal with.”

To meet the increasing demand for support with auto-enrolment and workplace pensions, Anne Blakeley has taken on the role of employee benefits team leader, while Peter Ryan joined Pareto FP as employee benefits administrator.

Furthermore, the company’s Kevin Morrissey was promoted from his position as leader of the paraplanning team to operations manager, which makes him responsible for maintaining compliance procedures and operations internally. Within Pareto FP’s paraplanning research team, David Kershaw came on board as a paraplanner and Rosie Bailey was promoted to the position of trainee paraplanner.

The firm’s mortgage advisory team is likewise growing. Pareto FP appointed Naomi Dent, who joins the company from Santander, as its newest mortgage advisor.