Three key ways to take financial planning forward: Carrington
By Mark Battersby, 7 Aug 17
In the latest of a series of insights from financial advisers across the world, Mike Hodges, managing director of UK-based Carrington Investments, sets out three initiatives his firm is taking to build the business along best practice lines.
Carrington Investments is an award-winning boutique wealth management firm which is committed to delivering professional, yet personal advice to a select number of private clients.
Based in central London’s Marylebone district, they currently look after 220 clients and nearly £140m ($183m, €155m) of assets under management.
Managing director Mike Hodges (pictured above right, with fellow director Alistair Candlish) formed Carrington over 20 years ago.
Recognising the value of a clearly defined service proposition, he initiated a client segmented service offering, along with client agreements and a fee-based charging structure in 2010, two years before the UK’s Retail Distribution Review came into effect.
Click through the slides above to see which key initiatives he is taking forward and implementing to build a better business.