Member Article

High-flying finance firm expands

A high-flying financial firm that has doubled turnover in the last five years is spreading its wings into two big regions.

Stockton-based Active Financial Services has recruited two experienced former Yorkshire Bank employees to cover the Yorkshire and County Durham areas.

Liza Pryke joins the firm to cover the A1 corridor, while Karl Nendick has been drafted in to work on Yorkshire and Humber.

Director Gary Lumby said: “Karl’s arrival greatly enhances our coverage in the Yorkshire region, an important growth area for us, given its population of 5.5 million.

“We now have a range of clients from Tyneside in the North down to the Humber in the South.

“We are taking it step by step but, having doubled our turnover and profit over the past five years, we see no reason why we can’t do the same again over the next five.”

Qualified financial advisor Liza has joined the Active team after 24 years with Yorkshire Bank and Axa, 17 of them providing financial advice to clients along the A1 corridor, including the Darlington, Barnard Castle and Richmond areas.

Karl has many established clients across the Hull, Harrogate, York and Leeds regions, having joined Stockton-based Active after 23 years with Yorkshire Bank, most of them as a financial advisor and most recently wealth manager for their personal and corporate clients.

Having recruited six new staff in the past 18 months and doubled in size since 2008, despite the difficult economic conditions, Active believe they can continue their expansion over the next five years.

“Where some of our competitors have pulled back or withdrawn certain services, we have remained focused on our long-term plans and objectives, pushing forwards in our determination to offer our clients a truly first class financial service without putting at risk all that we have built,” added Lumby.

Specialising in providing advice to high net worth individuals and corporate clients, 42-year-old Karl, from East Yorkshire, said: “With many banks withdrawing their traditional independent financial advisory services, hundreds of their former clients have been made financial orphans.

“That, in turn, creates opportunities for firms such as Active, who have an outstanding reputation in offering professional, friendly and trustworthy financial advice.”

Darlington-born Liza, 40, added: “With Active, I am continuing to provide the same honest, professional and friendly service I gave my clients for so many years, always striving to give them the very best value for money.”

This was posted in Bdaily's Members' News section by Martin Walker .