Financial Services Group signs joint venture with historic law firm
Manchester-based specialist financial services group Frenkel Topping has announced a joint venture (JV) with a law firm that dates back to 1890.
The listed company has signed a 50/50 joint venture between its independent financial advisory division and Pattinson Brewer, increasing its joint ventures to five in the personal injury and clinical negligence business.
Frenkel Topping Ltd and Pattinson Brewer will jointly provide services under the trade name Pattinson & Brewer Financial Services for the purpose of providing âongoingâ legal and financial advice to clients following injury.
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Mark Holt, Managing Director of Frenkel Topping Ltd, said: âWe have known and worked with the Pattinson Brewer team for many years.
âIt is a highly respected firm that defends the cause of its clients, a principle that we share. Pattinson Brewer will provide investment advice on life after settlement, which is often essential after a life-changing injury.
âOur partnership should support future growth through the acquisition of new clients who will be added to our assets under management. “
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Richard Fraser, CEO of Frenkel Topping, added: âAs part of our strategy to grow our core business, Frenkel Topping Limited, we aim to deepen and strengthen relationships with partners who share our values.
âPattinson Brewer has a clear purpose and a set of values ââthat put his customers at the heart of everything they do.
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âThese partnerships expand our extensive network of new sales reps and demonstrate our commitment to innovate and improve our services, which will ultimately support our goal of increasing shareholder value.
Jane Radcliffe, Managing Partner of Pattinson Brewer, said: âWe are delighted to partner with Frenkel Topping, whom we have trusted over the years to provide IFA service and care to our clients who need advice in investment after settlement.
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âWe have a similar culture and our customers remain at the heart of everything we do, which was a key consideration when partnering with Frenkel Topping.
âThis joint venture strengthens our relationship and provides our clients with broader services and supports our growth strategy. “