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Sandringham IFA numbers up 23%

Sandringham IFA numbers up 23%

Sandringham Financial Partners is looking for more growth this year after seeing its turnover increase by 77 per cent during 2015.

Turnover at the Huddersfield-based company increased to £4.27m, up from £2.4m in 2014.

During the year, Sandringham also saw adviser numbers increase by 23 per cent.

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It also appointed a new chairman and chief executive in the shape of Barry Kayes and Tim Sargisson.

Mr Sargisson said: “2015 represents a year of real progress for Sandringham.

“The results are aligned with our forecasts for the future and place us exactly where we want to be as we look to further develop our proposition and help more advisers build a profitable business, better manage risk and provide a great customer experience.

“One immediate, tangible aspect of this is that our technical team, working in combination with external suppliers, will deliver a significant enhancement to the Sandringham service which will begin to roll out at the end of Q1.

“These improvements will ensure that Sandringham continues to emphasise its support for partners and their clients and allows us to build on the opportunities opening up in our profession.”

Background

Sandringham Financial Partners was launched in 2012 with financial backing from Ken Davy, who is chairman of SimplyBiz.

Last year Mr Kayes said the company was planning on being Aim-listed within the next five years.