Old Mill reveals plans to double business size by 2026

Reveals restructure as it reshuffles leadership team

Julia Bahr
clock • 2 min read

Old Mill plans to become the fastest growing practice in the west country targeting 15% annual growth under an ambitious five-year plan, the firm has revealed.

It explained that under the leadership of newly appointed chief executive Kevin Whitmarsh, and a new limited structure that brings all aspects of the business together into one multi-service advisory firm, Old Mill aims to double the size of the business by 2026. The firm, which has offices in Chippenham, Exeter, Wells and Yeovil, revealed it will be looking to increase staff numbers from 320 to more than 600 in order to facilitate its plans. Goals will be achieved through a mixture of organic growth and carefully chosen acquisitions, Old Mill explained. Current managing director Ian ...

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 Business

PA Awards 2024: Meet the Best Financial Advisers to Work For

PA Awards 2024: Meet the Best Financial Advisers to Work For

Identifying, recognising and honouring the best places of employment

Professional Adviser
clock 21 March 2024 • 1 min read
Divorce advice is 'niche' but needs more accredited IFAs

Divorce advice is 'niche' but needs more accredited IFAs

Clients can be like ‘rabbit in the headlights’ as divorce settlement nears

Jenna Brown
clock 20 March 2024 • 4 min read
All the advice firm acquisitions that have taken place in 2024

All the advice firm acquisitions that have taken place in 2024

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 20 March 2024 • 1 min read