Manchester-headquartered specialist financial services group Frenkel Topping has announced a joint venture (JV) with a law firm which dates back to 1890.
The listed company has signed a 50:50 JV between its independent financial advice division and Pattinson Brewer, taking its joint ventures to five in the personal injury and clinical negligence sector.
Frenkel Topping Ltd and Pattinson Brewer will provide services jointly under the trading name Pattinson & Brewer Financial Services with the aim of delivering a ‘consistently caring’ legal and financial advice service to clients after injury.
Mark Holt, managing director of Frenkel Topping Ltd, said: “We have known and worked with the Pattinson Brewer team for many years.
“They are a highly respected firm who champion their clients’ cause, a principal which we share. Pattinson Brewer will provide life-after-settlement investment advice, which is often essential after a life-changing injury.
“Our partnership is expected to support future growth through new client wins adding to our assets under management.”
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Richard Fraser, CEO of Frenkel Topping, added: “As part of our strategy to grow our core business, Frenkel Topping Limited, we have been aiming to deepen and strengthen relationships with partners who share our values.
“Pattinson Brewer have a clear purpose and set of values that put their clients at the heart of everything they do.
“These partnerships expand our significant network of new business referrers and demonstrates our commitment to innovate and enhance our services, which ultimately will support our objective to increase shareholder value.”
Jane Radcliffe, managing partner of Pattinson Brewer, said: “We are delighted to partner with Frenkel Topping, whom we have trusted over the years to deliver IFA services and care to our clients who have required investment advice post settlement.
“We have a similar culture and our clients remain at the core of everything we do, which was an essential consideration when partnering with Frenkel Topping.
“This joint venture solidifies our relationship and provides our clients with broader services and supports our growth strategy.”