Cardiff-based Pure Commercial Finance has unveiled a wealth management subsidiary.
Pure Wealth Management focuses on pensions, investments, protection, tax planning, estate planning, and wealth management.
Ben Lloyd, managing director of Pure Commercial Finance, said: “Broadening our service offering to introduce wealth management is an integral step in the growth and evolution of the group.
“The group has more growth planned through 2020, of which will continue to evidence our commitment to our sector and our continued investment in providing our clients with the best the industry has to offer.”
Growth
IFAs Paul Cox and Stuart d’Ivry run Pure Wealth as directors, with help from senior paraplanner Kyle Bailey and paraplanner Mollie Bishop.
Cox said: “We opened the doors to Pure Wealth in June 2019, after 18 months in development.
“The following six months were highly exciting with very positive engagement from both existing and new clients, as well as formalising several strategic partnerships with law firms, accountants and sports agents.
“Now with an established operating model, 2020 is all about growth for Pure Wealth.
“We look forward to welcoming another paraplanner to the team in early February and are currently engaged with several advisers keen to join the brand.”
Team
Recent recruitment has included:
- Kate Davies – customer service executive;
- Phoebe Nightingale – customer service executive;
- Richard Southall – relationship manager;
- Jordan Pound – client relationship manager;
- Rhodri Churches – specialist property finance adviser;
- Rhys Thomas – compliance officer;
- Gareth Tucker – mortgage adviser; and
- Martyn Shaw – mortgage adviser
The Welsh firm said it “will soon start advertising for more roles for Pure Wealth Management”.
