Prydis Wealth reaches GBP1bn in assets

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Prydis Wealth, the Wealth Management division of multidisciplinary professional services firm Prydis, has reached the milestone of over GBP1billion of assets under management.  

Liz Andrews, Director of Financial Planning at Prydis Wealth says: “This significant milestone, has been part of our strategic growth plans over the past two-years which have been ambitious. The growth has been through a mixture of key recruitment and organic growth.  

Managing Director James Priday says: “The rapid and sustainable growth has been possible because of our focus on, and continual improvement of, our systems, processes and support team that provide our advisers and clients with a consistent and proactive service. We embrace technology in everything we do”.  

The core Prydis Wealth team comprises seven advisers and an operations, compliance and support team of 16, half of which have been employed in the last two years.  

The GBP1billion milestone has been contributed to by Prydis Wealth’s subsidiary,  Financial Solutions, which was launched by James Priday, to provide IFAs with the exceptional back-office support and systems that have made Prydis Wealth such a success.  

James comments: ‘Financial Solutions provides a regulatory home for our members, allowing the advisers to focus on their businesses, continue to provide their clients with a great service and maintain the independence they enjoy without the additional pressures of report writing and administration. Many of our advisers have come to us through word of mouth from their peers, which is testament to the great support our team provide.’  

Prydis Wealth also has a sister company, P1 Investment Management, which provides digitally enabled investment management solutions to external wealth management firms and has also seen rapid growth over the past two-years.  
 

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