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

Targeted support signals evolution in advice delivery

Targeted support signals evolution in advice delivery

Softer launches expected at first

Isabel Baxter
clock 10 April 2026 • 1 min read
CII: Vulnerable client management is 'an opportunity for growth'

CII: Vulnerable client management is 'an opportunity for growth'

Firms can expand potential client bases

Isabel Baxter
clock 07 April 2026 • 2 min read
Common language used by advisers triggers anxiety and distrust among retirees

Common language used by advisers triggers anxiety and distrust among retirees

Product-led communication one of the biggest drivers of mistrust

Laura Purkess
clock 01 April 2026 • 1 min read