2017 in Review

As we launch into a new year, gpfm directors Scott Atkinson and Simon Frost reflect on the 12 months that made up 2017, the financial planning industry, gpfm’s achievements and also their vision for 2018. 

2017 saw gpfm exceed our budget by the end of the year, which is something to be proud of considering the very slow start due to the Brexit vote and the initial impact on markets and investor’s confidence. We also continue to hold our Chartered Status.

The year wasn’t all work. Scott and Simon had great fun appearing in a cover article for New Model Adviser magazine in October. The piece explored the strengths of their “Ant and Dec” business partnership and friendship and how gpfm came to be the successful company it is today. If you’ve not yet read the article, then please do – we even have a few paper copies at the office..!

New technologies in the business

To ensure the gpfm team have the best technologies to service our clients, we implemented a core investment proposition using the Fusion platform. Fusion is a customisable cloud-based technology solution that allows gpfm advisers to manage client assets. This new way of working will help facilitate greater automation of business processes, leading to increased efficiencies and risk reduction.

We also introduced the Wealth Platform, which allows our clients to log in to their own part of our system and review the assets that we manage for them. As well as up to date valuations of most assets, our clients can reassess their attitude and tolerance to investment risk and update any of the financial information we record for them. The client feedback so far has been very positive.

New arrivals and achievements

The continued expansion of our team sees us welcome two new people to the gpfm family; James Melhuish joined us as a new adviser and Nathan Simmons who is now our Paraplanner. And it’s not just our company family that has grown either – David Shepherd and his wife became proud parents to son Daniel John Shepherd, born in February 2017. Simon Frost (already father to daughter Isabella) is now also father to a baby boy named Riley William Frost, born in November.

Scott Shadwell had a great 2017, first by achieving exam success and secondly with his marriage on 31st December. Exam success congratulations also go to Lucy Cunningham and James Melhuish. Congratulations to all of you!

Continued community support

We at gpfm have always taken an active interest in our community and love the chance to give back to the local area we are so passionate about. 2017 saw this continue with our support of Herts Young Homeless and Peace Hospice. Our sponsorship of many local sports teams including Hemel Storm Basketball Club and Hertford Rugby Club proudly continues.

Looking into 2018…

With the new year now underway gpfm will continue our focus on customer acquisition through our network of professional connections. Something exciting to look out for from us in 2018 is our implementation of the gpfm Adviser Academy. This is created to give people the opportunity to qualify as an adviser by way of a structured programme of skills development and qualification. As gpfm goes from strength to strength, year upon year, we will continue to look for quality individuals who fit our culture perfectly to join the team.

If you think you’d be a great addition to gpfm then contact us.

Our predictions for 2018

What do we at gpfm think this year will look like? We think that this year will finally see the impact of Brexit negotiations on the investment market, affecting the strength of the pound as well as investor confidence. The team feel that there could be some turbulence ahead, but with sound financial advice and planning, this can be managed.

There will be a continued growth of assets under advice for gpfm, and our most far-out prediction is that Tottenham will win the Champions League…of course!

All in all, 2017 was a good year, despite challenges of an uncertain Brexit fallout but we at gpfm remained confident in the market and our team. We’d like to take this opportunity to thank them for their continued efforts and congratulate them on their many successes. Here’s to a sparkling 2018!

This article is for information only and must not be considered as financial advice. We always recommend that you seek independent financial advice before making any financial decisions.