Norwich-based SGWM was founded in 2001 and claims to be the UK’s first financial advice firm to provide a service on a non-commission, wholly transparent basis. It has 170 clients and a staff of 14.
In the last financial year, SGWM had a turnover of £1.3m.
The firm’s director, Neil Shillito, said: “The world of retail financial services is changing dramatically. The abolition of commission-based payment advice means that from January 2013 financial advisers will have to agree remuneration with their clients – a more transparent way of operating.”
Founded in 2000, Stan Gaskin Ltd is an eight-strong Ipswich-based firm with strong client relationships in Suffolk that also prides itself on advice without commission. The firm will continue to be run under the Stan Gaskin brand with the eponymous’ owner’s son, Henry Gaskin, running the Ipswich operation while his father retires.
