The Personal Finance Society has elected paraplanner Cathi Harrison to its board of directors, adding greater focus for this sector within the advice profession.
Ms Harrison began her career with Bishop Auckland-based Pace Financial Solutions, before moving to Brook-Dobson Bear in Harrogate, three years later. She founded Darlington-based Para-Sols in 2009 and has subsequently expanded it into a limited company with 10 staff and a London office.
“My hope is to bring a fresh impetus to the board, from both a paraplanning and a ‘youth’ perspective,” said Ms Harrison. “I am below the average adviser age and have a real enthusiasm to see more young people choosing financial services as their career.”
Keith Richards, PFS chief executive, said: “Demand for paraplanners is growing rapidly and they form a significant part of our overall membership.
“Cathi’s paraplanning experience was therefore a key factor behind her appointment, significantly broadening the board’s collective knowledge and expertise in this important area.”
Ms Harrison’s appointment follows that of new 2014/15 president, David Thomas, which was also announced at the September AGM.
PFS membership increased by more than 1,000 individuals during the past 12 months, with an even balance between advisers and those in support roles at advice firms.
Just over half of the new members are aged 35 or younger, reflecting the sector’s focus on bringing new blood into the profession.
