A former Society of Financial Advisers (now PFS) director has gone directly authorised, rebranded his firm and brought his son on board to help meet the needs of younger clients.
Gary Jefferies, Managing Director of Panoramic Wealth Management, was formerly at H&D Wealth (TW Ltd).
This was rebranded as Panoramic Wealth Management in September, and Mr Jefferies said it would no longer be an appointed representative of Kent-based H&D Wealth.
The firm’s change of name was registered on 16 October with the FCA. Mr Jefferies said the new company aims to reach all levels of society, including younger clients who may just be starting on their financial planning journey.
To this end, Mr Jefferies said he has hired his 20-year-old son, Ross, who has started studying with the PFS while doing a financial apprenticeship course at a local college, with an aim to becoming chartered.
The firm plans to have its website up and running shortly, and Panoramic Wealth Management will incorporate a form of robo-advice. Mr Jefferies said: “We will look at robo advice, which I think will grow to a halfway house so people can get started on the investment savings ladder.”
London-based chartered financial planner Filip Slipaczek, said: “I had the pleasure of being an elected Sofa director with Mr Jefferies in the early part of the last decade. He has always promoted high academic standards as one of the first chartered financial planners, and promoted high professional standards.
“I am delighted that he has hired his son Ross to join him in the business and it is even more encouraging that he is promoting the fact his son is to aim for chartered status. Having been a sole practitioner for nearly two decades myself I now have both my own sons, Alex and Max working with me.
“Alex joined the practice three years ago and is now diploma qualified and 65 credits off chartered status. My youngest son, Max, joined 18 months ago and although he has the requisite points, is just one paper away from QCF level four.
“Our profession is people oriented and it is often true to say that people buy people. With that in mind, clients are happier and feel more at ease to deal when dealing with other family members.”
By Simoney Kyriakou - New Model Adviser
Published 6th November 2015