Helm Godfrey net profits jump 13%

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National IFA firm Helm Godfrey reported a 13% before tax net profit increase last year, to £744,000.

Turnover for the advisory firm also jumped in the period, up 12% from £5.95m to £6.66m. Helm Godfrey says 2007 was a year of “impressive growth”, with management continuing to actively recruit advisers and acquire IFA firms. The firm currently has 40 qualified advisers, each with an average of 20 years experience. Helm Godfrey managing director Bruce Wilson says the firm has thrived due to strong and decisive management, client centric advisers and a focus on profitability rather than turnover. “2007 was another tremendous year for the business with turnover and profit once again at rec...

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