Turnover at retirement specialist IFA Wentworth Rose rocketed by 64 per
cent last year.
For the year ending April 30, turnover in terms of fees and commission
increased to £3.93m from £2.39m the previous year.
The company says the success of its annuity and drawdown service made a
significant contribution to the year-end figures.
Launched last year, the service has added more than £1m to total turnover.
Wentworth Rose says it now has team of 10 people working exclusively on
this side of its operation.
Managing director Philip Rose says: “I believe these results show just how
strong the demand is for high- quality, independent advice that really adds
value to peoples' financial management.
“We see our fee-based service for high-net-worth clients continuing to
develop at a pace.”
Rose recently completed an introductory course in aerobatics in Naples,
Florida where he learnt how to perform rolls, loops and spins. Part of the
course involved him being inverted at 3,000 feet above Florida.