SimplyBiz, the IFA service company founded by Ken Davy 18 months ago, has passed its 1,000 adviser milestone and now has a membership of more than 500 firms.
The Huddersfield-based company provides compliance, business and marketing support to IFA firms, accompanied by a lifetime guarantee not to charge current members more than 2.5 per cent plus VAT for its core services.
Marketing director Matt Timmins says the level of growth in such a short time is outstanding. He claims the vast majority of members have come to SimplyBiz by recommendations and word of mouth.
Davy says a typical member is a oneto four-person practice and SimplyBiz is proud to champion the cause of smaller practices.
He says despite all the predictions from doom and gloom merchants, the future for the small firm is very rosy as long as they continue to provide their clients with a service which is professional and personal.
Davy says: “Given our growth and the number of recommendations we are receiving it looks as if we are delivering exactly what our members want.”