View more on these topics

Helm Godfrey still on acquisition trail

Helm Godfrey is seeking further acquisitions after profits rose by 47 per cent in the first half of this year from £345,000 to £507,000.

The national IFA firm saw turnover grow by 34 per cent from £2.76m to £3.7m.

Managing director Bruce Wilson says it is starting to see the benefits of wrap in improved admin and attracting and retaining assets. He says growth has also been bolstered by buying Howard & Co in June and Fresh Finance last August and his management team are looking for further acquisitions.

He says any acquisitions must share Helm Godfrey’s focus on clients and putting profitability before turnover.

Wilson says: “It is only by doing this that we have been able to build a business with the necessary resources to develop and grow in the way we have, acquiring other IFA firms and attracting new advisers. It is still early days with regard to wrap and increasing assets under management but the benefits to the business are clear and we have already started to see this come through in the numbers. It will be an increasingly important part of the business.”


China seeds $200bn global investment fund

A wall of cash is set to hit world markets as China is to start managing its foreign exchange reserves more aggressively in a move that will see around $200bn invested globally.China has set up a State Investment Corporation that will invest $200bn of its $1.3tn foreign exchange reserves initially and an unspecified portion of […]

Standard Life Healthcare launches modular product for small businesses

Standard Life Healthcare has launched a new modular business healthcare product aimed at SMEs.The product allows companies, with one to 249 staff members, to mix and match benefits to create a bespoke product which meet the specific requirements of their employees. Companies start with one of the four main modules – core healthcare, dental cover, […]

Lifesearch reignites debate on retrospective CI cover

Lifesearch head of protection strategy Kevin Carr has reignited the debate around life offices to apply any new critical illness conditions they cover retrospectively.Lifesearch has been calling for providers who added conditions, that were not previously covered, to add these conditions retrospectively – backdated to a suitable point in the product history, dependent on technology.He […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment