Manning & Company has joined the Rimbal platform and its ValidPath proposition. The transition to Rimbal is combined with capital provided to Manning & Company as part of supporting their long-term growth strategy.
Founded in 1988, Manning & Company is an independent advice firm servicing over 1,000 clients across the UK from its Ivybridge base. The business is led by Managing Director Paul Northmore who joined Manning & Company straight from school in 1994 and over the past three decades has helped to build the business, alongside long-standing directors Patrick Goddard, Mike LeGassick and Lisa Burton.
The transition to Rimbal marks the next chapter in Manning & Company’s growth journey as it builds on its proven client proposition through access to additional infrastructure, capital and resources. As part of executing its long-term growth strategy, Manning & Company has already acquired a number of client-books and is actively recruiting advisers that seek the support, technology and infrastructure of a growing business without compromising their independence, and supported by the ValidPath proposition.
Paul Northmore, Managing Director of Manning & Company, said: “We’ve always been committed to independence and doing the right thing for our clients. As a leadership team, we reached a point where we knew we had strong foundations and a clear opportunity to grow further, but we also recognised we needed the infrastructure, expertise and support to help us take the business to the next level. Working with Rimbal provides us this support and an ability to access additional capital for growth.”
Laura Handy, Growth & Development Manager at ValidPath, said: “Paul and the wider Manning & Company team have built a highly respected and client-focused business with strong foundations and a clear plan for the future. We are very excited to support them on their growth journey as they transition to Rimbal and our ValidPath proposition to transform their business for growth and creating shareholder value while continuing to support clients in their best interests.”
