Timebank doubles paraplanner numbers in six months

Nicola Brittain
clock

Outsource paraplanning company, The Timebank, has doubled its numbers in the last six months and is looking to take on two more staff members.

The Hereford-based company has grown from nine paraplanners to 17 since November last year, and strategic director Damian Davies said he is looking to take on at least two more paraplanners.  He said: "Business has gone crazy in the last few months. The industry, or at least the parts I deal with, seems very positive. "I think companies spent last year reengineering their business and now they're growing, taking on more business and needing additional paraplanning support." He added: "We are being approached by bigger advice firms, there may be more bigger firms in the market, and ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Schroders warns advisers: 'Nowhere to hide' from FCA's SDR

Schroders warns advisers: 'Nowhere to hide' from FCA's SDR

Rich Fox sheds light on firms’ readiness for upcoming SDR

Sahar Nazir
clock 14 May 2024 • 1 min read
Adviser supply and demand imbalance 'a pressing issue'

Adviser supply and demand imbalance 'a pressing issue'

James Rainbow underscores urgency of attracting new advice talent

Sahar Nazir
clock 14 May 2024 • 2 min read
Two-thirds of IFAs and wealth managers now advising on cash

Two-thirds of IFAs and wealth managers now advising on cash

There has been a 47% increase in cash advice over the last three years

Isabel Baxter
clock 14 May 2024 • 3 min read