Paradigm Partners, the IFA support services business launched in 2007 by Paul Hogarth, has signed up its 112th IFA firm of the year, taking the total number of partner firms to 300.
SquareSeven is a Belfast-based IFA business specialising in providing high quality independent financial advice to both the individual and corporate markets. Established in 2005 the firm currently has two principal advisers and assets under advice of around £50m.
Paradigm Partners was set-up in 2007 by Paul Hogarth with the aim of creating a community of like-minded IFA firms with the appetite to combine their collective expertise and assets for the greater good of each other and their clients. In less than three years the business has grown into a community of 300 IFA firms representing over 1,100 advisers.
Commenting on the milestone, Paul Hogarth said: “To have signed up 300 IFA firms in less than three years is an amazing achievement for the business and one that the team is extremely proud of. SquareSeven is a firm of truly independent financial advisers with a passion for what they do and a desire to take greater control of their own destiny.
“In my mind the future for high quality IFAs in the UK has never been brighter. They have an opportunity to take greater control of the client value chain and their relationships with product providers but in order to do this they must be willing to work together – pooling their expertise and assets for the benefit of their clients and their own businesses – which is exactly what Paradigm is all about helping them do.”
Sam Curry, Partner at SquareSeven, said: “In a short space of time Paul Hogarth and his team have turned Paradigm Partners from little more than an idea into a community of 300 high quality IFA firms with a population of highest quality advisers. The service they are able to offer a truly independent business like ours is second to none and the support they provide, directly and through the membership, will play an important part in our future development and growth.”