Full steam ahead at Worldwide
WORLDWIDE Financial Planning has appointed a new Managing Director and new Compliance and Head of Risk in a drive to take the firm to the next step in becoming a market leader in independent financial advice through its unique investment and pension solutions.
The firm of independent financial advisers, which has offices in Truro, Southampton and Northern Ireland, will be headed by Simon Funge, previous Head of Financial Planning at Wesleyan where he managed a team of 300 specialist financial advisors. Simon will be joined by James Barclay, who will head up risk management in the compliance department.
Simon, who previously held the role of Head of Operations, Strategy and Proposition for Wesleyan, has held some key roles including Client Relationship Director at Doran Scott Williams (DSW) having consulted for three years to help build the turnover from £4M in 2014 to over £9M in 2015.
He enjoyed similar success with his team during his varied roles at RBS from 2002 to 2013 where profit growth increased from £1.1M in 2005 to over £10M in 2010/2011 during his role as Managing Director, delivering over £1BN in assets under management.
Prior to that, Simon worked at Lloyds private bank for five years and laterally managed the IFA division with a turnover of £25M and 60 Independent Financial Advisers.
Speaking about the appointments, CEO Peter McGahan, said: "As a strong team of independent financial advisers we are building on the successes, including our many FT Adviser awards which we have built up over the years. We are developing our award-winning investment, pension mortgage department to make us a market leader in financial advice. Our exciting new appointments are instrumental foundations in making this happen and the firm is delighted to have the new team players on board.
"Worldwide Financial Planning is growing and as well as the new additions to the team we are seeking new advisers and increasing our administration support team. Similarly, we will grow by acquiring companies over the coming years."
Speaking about his appointment Simon said: "I am joining Worldwide at a very exciting time. The business is looking to build on its strong reputation for investment expertise. With a number of external factors impacting on financial markets, it’s important that clients seek expert opinion to secure the best returns.
“I’ve known about Worldwide for many years. Worldwide is a great business with a reputation for outstanding service and safeguarding clients financial future. Over the coming years, we will build on that success."
Also appointed to the firm of independent financial advisers is James Barclay who will sit on the board and head up its risk and compliance department. James, who will be working side by side with Simon, said: "It is great to be at the heart of this new challenge with a company that is so forward-thinking and with their customer’s wellbeing truly at the heart of every decision."