Partner Article

Newcastle finance firm turns 30

A NEWCASTLE BASED advisory firm is expected to increase its turnover by 20% and employ 20 new members of staff by the end of 2011.

Ellis Bates celebrates its 30th anniversary this month and is on course for further growth in the UK, having recovered from a painful recession.

The company - which also has a base in Harrogate - currently employs 90 people and now hopes take on twenty new recruits over the next year in its drive to secure a series of new clients.

David Hughes, CEO of Ellis Bates, said: “We’ve got to the 30-year milestone through absolute integrity and honesty. We’ve managed to stay in business through a number of recessions and collapses in the market and it’s a testament to our clients who’ve stuck with us and had faith in what we do.

“Everything we’re doing now is based on a repeatable service with clients. We plan their wealth and we’ve got our own investment strategies and by acting as one company and that’s allowed us to remain consistent and allowed us to put in place growth plans.”

“We’ve got a strong brand and are able to help people with taxation and investment in the current environment we find ourselves in.”

The Ellis Bates Group was founded by Grant Ellis and Peter Bates in 1980 and provides financial and insurance-based advice to clients across the North East and Yorkshire.

This was posted in Bdaily's Members' News section by Ruth Mitchell .