Beaufort Financial opens office in heart of Liverpool business district
London-based national partnership of independent financial advisers, Beaufort Financial, has established a new presence in central Liverpool.
Beaufort Financial (Liverpool) is led by Edward Cullen and Steve Lavelle, who between them have some 55 years’ experience in the financial services industry.
Ed began his career in home insurance, cutting his teeth with Pearl Assurance before moving to banking and most recently running his own IFA firm, where he worked with Steve>
Steve also has a banking background, advising commercial and corporate clients before becoming an IFA.
As part of the deal, some 140 private and corporate clients will transfer to the new firm, which has around £50m of assets under management.
It is based at St Paul’s Square, Liverpool, and plans to appoint two more advisers.
Ed Cullen said: “We aim to offer a comprehensive range of financial planning services and to advise existing and future clients through four distinct phases of life – the creation of wealth, its maintenance, growth and finally protection.
“Our approach is to build bespoke solutions for each individual client.” He added:
“We are delighted to join a well-established, slick operation which provides all the back office and support services an IFA business needs. We wanted to partner with someone whose ethos mirrors our own and we have found that with Beaufort Financial.”
Beaufort Financial’s chief executive, Derrick Dunne, said: “We are very pleased that Ed and Steve have joined us and we look forward to helping them develop their business over the coming years.
“Opening an office in Liverpool is an important development for the Beaufort Financial Partnership.”