Finance team tots up first 20 years

Managing director Paul Armstrong, seated, right, next to director Paul Witkiewicz, with senior adminstrator Kath Owen, left, practice manager Mark Armstrong and adminstrator Sue Garrett
Managing director Paul Armstrong, seated, right, next to director Paul Witkiewicz, with senior adminstrator Kath Owen, left, practice manager Mark Armstrong and adminstrator Sue Garrett

STAFF at a Wigan business have cause for celebration this month as their firm reaches a significant landmark.

This time back in 1994, John Major was Prime Minister and D:Ream were number one with their Things Can Only Get Better hit.

It was also the time that Armstrong Financial Planning (AFP) started its journey to become one of the borough’s top independent financial advisers. The firm’s MD, Paul Armstrong, said: “It is quite amazing how many of our clients are connected in one way to another and I am extremely grateful for their continued support.

“During our time we have seen many changes and have weathered a number of storms within the financial sector.”

The Standish based firm is now responsible for managing in excess of £50m on behalf of their client base.

The company started out as Independent Financial Planning and then following the acquisition of Walmsleys Financial Services in 2002, it started trading under the AFP name.

Paul told the Observer that the biggest challenge faced by the financial services sector in recent years was the Retail Distribution Review (RDR) which changed the way in which advisors are remunerated for their work.

He said: “RDR has led to many advisers retiring and has seen most high street banks ceasing to provide financial planning advice to their customers.

“At AFP we believe in the old fashioned value that if you look after your clients they in turn will remain loyal and look after you which has proved to be true.

We aim to provide our clients with financial security and peace of mind in a friendly and relaxing environment.

“We would like to say a huge thank you to everyone that has supported us throughout the years – I do like to think we have a loyal fan base.”