Financial advisory firm Pareto to embark on new acquisition strategy

Financial advisory firm Pareto has announced a new acquisition strategy as it enters its 10th year in business.

The Manchester-based company is looking for advisory firms “of a similar culture” to drive its “continual growth”, according to director Stuart Carswell.

He explained: “We are looking to build upon our continued success by strengthening relationships with our existing partners and developing new professional connections throughout the North West.

“To help with our continual growth we will also look to acquire advisory firms of a similar culture that will complement our range of services and further improve the advice and support we can offer to our clients and partners.”

Stuart was recently promoted from associate director to director alongside Paul Stones.

In its 2016/17 year, Pareto achieved revenues of £4.1m.

The firm has forecast turnover growth of 15% in 2018.