A Gateshead financial advice company is set to create new jobs having moved to a larger base.
Seven Bridges IM has moved into its new headquarters in Team Valley, which is twice the size of its former home, as the company continues to scale-up in the face of Covid-19.
The firm hopes to use its old site, which is also on the Team Valley, as a training facility for 12 new recruits it expects to bring into the company in 2021.
Seven Bridges, founded by managing director Ryan Parker, has also recently appointed five new members of staff in a bid to help expand its client reach in the New Year.
The new arrivals follow the firm’s acquisition of North East IFA Pension Matters, bringing with it 600 new clients and £110m in assets under management.
Mr Parker said: “The business has grown steadily over the past few years, and I think both the acquisition and the impact of Covid-19 has put us in touch with may more people who want to navigate their finances professionally.
“It was time to relocate to a more ambitious premises to bring all existing employees back to the workplace safely and within a Covid secure environment.
“We still felt there was a requirement for further members of the team to assist with the growing business enquiries. All of our recruits have exuded positivity and a strong willingness to learn and grow within the firm.
Most Read
“We firmly believe that the team at Seven Bridges operates as a mini family and we immediately felt our new team members would bring innovative ideas and would strengthen our client offering.
“Our new facility means we can remain in our native Gateshead but we can now provide our clients with Covid secure meeting rooms on the ground floor. I feel the new office provides Seven Bridges with a concrete stepping stone to the next stage of our growth plans and can remain our ‘new home’ for many more years.”
New arrivals include administrative assistant Anelia Sheytanova, who has moved to the region from London, , junior paraplanner Bianca Chibanda, administrator Lauren Philpot, and wealth managers Kris Cousins and Michael Davidson.
Looking ahead to next year, Mr Parker says the company will continue to expand its team and service reach.
He added: “Given the ongoing impact of Covid-19, 2020 has inevitably been a struggle for most businesses, on a global scale, and Seven Bridges is certainly not an exception to this.
“The first half of the year brought with it many unknowns; and it proved paramount to dig deep and adapt. We’re looking forward to a more stable financial environment for everyone next year and we’re pleased to be at the forefront of wealth management in the North East of England.”