A Worcestershire financial services firm is bucking the economic trend, with a new appointment taking its workforce up to 33.
Over the last 12 months, AFH Independent Financial Services has taken on several new members of staff and has recently appointed an in-house economist, Colin Warren.
Mr Warren joins AFH with over 15 years of experience in the financial services industry. He will sit on the company’s investment committee and provide timely analysis on the economic issues affecting global financial markets.
Alan Hudson, the head of AFH, said: “I’m delighted that Colin has joined us. His depth of knowledge and experience will be invaluable to our advisers and their clients.
“The current Bank of England gross domestic product projections show a positive outlook and we hope to see some improvement in the economy by the end of the fourh quarter of this year.
“With interest rates at an all-time low, investors should seek advice now to ensure their investment objectives are met by their existing financial arrangements.”
The company, based in Church Road, Bromsgrove, deals with a wide variety of financial services for a range of different types of company.
It is one of the few IFA practices to have attained discretionary status with the Financial Services Authority and last year, the firm launched a joint venture with accountancy firm Price Deacon Witham, which has offices in Solihull and Kenilworth.
At the time, the firm said the link-up would offer its customers a more rounded service.
The move came soon after Price Deacon Witham’s merger with a local rival. Price Pearson Witham merged with Deacon & Co in Kenilworth early in 2008. At the time David Witham, the director of PDW, said: “We had found many clients trying to get advice about pensions and investments so this seemed a natural step to take.
“To serve those needs, we have created this joint venture with AFH and can now offer out customers the fullest service possible.”