The Financial Times Adviser has released its annual Top 100 Financial Advisers list and Forrester Boyd Wealth Management are delighted to be ranked 3rd in the UK on this prestigious list.
In what has been a challenging year for everyone, financial advisory firms have had to adapt to remote working and be quick to react and support their clients, many of whom needed the reassurance and proactive service of their financial adviser in a turbulent market.
This year, the FT Adviser has not only used data from the Financial Clarity service offered by Matrix Solutions for its findings, but they have also taken into account the growth rate of advisory businesses, AUM and asset retention, the number of years’ experience each business has managing assets in different economic and interest-rate environments, and how well qualified their individual advisers are.
Speaking of the accolade, Neil Boulton, Operations Director said, “This is a fantastic achievement and recognition of all the hard work we have done over the last 3 years.”
The FT Advisers states that “These standards aren’t a silver-bullet answer to the question of how to ensure the advice industry retains the trust of its clients in the years ahead. But they are an indicator of the kind of businesses that have their clients’ best intentions at heart, and conduct themselves in a professional manner.”
Forrester Boyd Wealth Management has been going through a transformation of its own, rebranding to align itself with Forrester Boyd, a firm offering chartered accountancy, wealth management and corporate finance, that has been around since 1935. The wealth management arm has been working hard behind the scenes investing in technology to improve its platforms and client visibility with a clear focus on data integrity and security.
Neil said: “At a time when we have seen cyber security and fraud hitting the headlines due to the coronavirus, we have been working on ensuring our data security is robust which has seen us achieve the Cyber Essentials Plus and IASME Gold accreditation. We have also become a member of SIFA, reinforcing our commitment to collaborative working partnerships with other professionals such as law firms.”
“We provide so much more than just wealth management advice. We can offer clients a truly holistic approach to the management of their personal and business finances, working with them to achieve their goals for them and their families and helping them overcome challenges that many have experienced of late. I am extremely proud of our staff and the way they have all responded to working remotely and continuing to support our client’s to the levels that they have and this has been rewarded with the recognition be the FT Adviser as being number 3 in their Top 100 UK Financial Adviser firms”.