Salford-based financial services firm Frenkel Topping has announced a new partnership.
Frenkel Topping Limited, its IFA arm, has established a 50:50 joint venture with Manchester-based Express Solicitors to provide life after settlement advice to their clients.
Express Solicitors is atop 200 law firm specialising in personal injury. The joint venture will be named ExpressFT Limited.
As part of this joint venture Frenkel Topping Limited will become a preferred IFA to offer specialist post-settlement advice to Express’ clients who have suffered from personal injury and clinical negligence.
This partnership follows recent joint ventures with Hudgell Solicitors and Horwich Cohen Coghlan Ltd as part of the group’s strategy to expand its client base, develop innovative new products for its IFA business and support future AUM (assets under management) growth.
Frenkel Topping chief executive Richard Fraser said: “We are pleased to be partnering with Express Solicitors. This new joint venture will bring additional referrals to support the expansion of our client base and future AUM growth.”
Mark Holt, managing director of Frenkel Topping Limited, said: “We have worked alongside Express Solicitors for many years and have always admired the passion and care with which they act for clients in legal proceedings.
“Our similar cultures, which both put clients at the core of all we do, was a key consideration.
“The ability to offer life after settlement advice through ExpressFT will support our growth strategy by expanding the client base and building AUM.
“We are delighted that Express Solicitors chose Frenkel Topping as its partner of choice in this new venture.”
James Maxey, managing partner of Express Solicitors, said: “We’ve recommended clients to Frenkel Topping for many years, in cases where they would benefit from the specialist investment advice provided.
“Frenkel Topping are very clearly focused on the needs of injury victims and have a similar culture and philosophy to our own.
“As our client base continues to grow, we look forward to partnering with Frenkel Topping to support our shared clients with an expanded range of services.”