FEN Announces Joint Venture With Pattinson Brewer

RNS Number : 5258J

Frenkel Topping Group PLC

24 August 2021

 

Frenkel Topping Group plc

("Frenkel Topping" or the "Company" or the "Group") 

Frenkel Topping Announces Fifth Joint Venture With Pattinson Brewer

Legal and Financial Advice Firms Team Up to Provide 'Best Possible Service' to Injured Clients

Specialist financial services firm, Frenkel Topping Group, has announced a 50:50 joint venture (JV) between its IFA arm and law firm, Pattinson Brewer, taking its joint ventures to five in the personal injury and clinical negligence space.

The group's independent financial advice division, Frenkel Topping Limited, and Pattinson Brewer will provide services jointly under the trading name Pattinson & Brewer Financial Services with the aim of delivering a 'consistently caring' legal and financial advice service to clients after injury. 

The arrangement is the latest in Frenkel Topping's strategy to strengthen relationships with firms in the personal injury and clinical negligence space who share similar values.

Through the joint venture business, Frenkel Topping will become Pattinson Brewer's preferred partner for clients who require investment advice post settlement and Pattinson & Brewer Financial Services will extend Pattinson Brewer's suite of services to meet the needs of the most complex client. 

Both firms have earned reputations as experts in Personal Injury and offer a combined 160 years' experience in the professional services field.

With more than 30 years' experience in the industry, Frenkel Topping has earned a reputation for commercial astuteness underpinned by a strong moral obligation to its clients, employees and wider society, with a continued focus on its Environmental, Social and Governance (ESG) impact.

Through its core business, Frenkel Topping Limited, the firm supports litigators pre-settlement in achieving the right outcomes, by providing expert witness services, and post-settlement to achieve the best long-term financial outcomes for clients after injury. It boasts a client retention rate of 99%.

Established in 1890, and with strong links with the UK's trade unions, Pattinson Brewer is at the forefront of fighting for workers' rights. The team continues to work with the country's biggest trade unions but also directly with thousands of individuals after accident or serious injury.

The joint venture is expected to bring synergies and support future growth for both businesses.

Mark Holt, Managing Director of Frenkel Topping Limited, said:

"We have known and worked with the Pattinson Brewer team for many years. They are a highly respected firm who champion their clients' cause, a principal which we share. Pattinson Brewer will provide life-after-settlement investment advice, which is often essential after a life-changing injury. Our partnership is expected to support future growth through new client wins adding to our AUM."

Richard Fraser, CEO of Frenkel Topping, said:

"As part of our strategy to grow our core business, Frenkel Topping Limited, we have been aiming to deepen and strengthen relationships with partners who share our values. Pattinson Brewer have a clear purpose and set of values that put their clients at the heart of everything they do. These partnerships expand our significant network of new business referrers and demonstrates our commitment to innovate and enhance our services, which ultimately will support our objective to increase shareholder value."

Jane Radcliffe, Managing Partner of Pattinson Brewer, said:

"We are delighted to partner with Frenkel Topping, whom we have trusted over the years to deliver IFA services and care to our clients who have required investment advice post settlement.  We have a similar culture and our clients remain at the core of everything we do, which was an essential consideration when partnering with Frenkel Topping.  This joint venture solidifies our relationship and provides our clients with broader services and supports our growth strategy."

For further information:   

Frenkel Topping Group plc	www.frenkeltopping.co.uk
Richard Fraser, Chief Executive Officer	Tel: [phone]
finnCap Ltd	Tel: [phone]
Carl Holmes/James Thompson (Corporate Finance) Tim Redfern / Richard Chambers (ECM)

About Frenkel Topping Group: 

The financial services firm consists of Frenkel Topping Limited, Ascencia Investment Management, Obiter Wealth Management, Equatas Accountants, Forth Associates, A & M Bacon Limited and Partners in Costs Limited.

The group of companies specialises in providing financial advice and asset protection services to clients at times of financial vulnerability, with particular expertise in the field of personal injury and clinical negligence.

With more than 30 years' experience in the industry, Frenkel Topping has earned a reputation for commercial astuteness underpinned by a strong moral obligation to its clients, employees and wider society, with a continued focus on its Environmental, Social and Governance (ESG) impact.

Through its core business, Frenkel Topping Limited, the firm supports litigators pre-settlement in achieving maximum damages, by providing expert witness services, and post-settlement to achieve the best long-term financial outcomes for clients after injury. It boasts a client retention rate of 99%.

The Group's discretionary fund manager, Ascencia, provides financial portfolios for clients in unique circumstances. In recent years Ascencia has diversified its portfolios to include a Sharia-law-compliant portfolio and a number of ESG portfolios in response to increased interest in socially responsible investing (SRI).

Obiter provides a generalist wealth management service - including advice on Savings and Investments; Tax planning; Life Insurance; Critical Illness and Income protection; Endowment advice and Keyman Insurance, with a particular specialism in financial advice on pensions and pension sharing orders for the clients of divorce and family lawyers. Obiter applies the same core principles of honesty, transparency, responsibility and reliability to individuals, regardless of background or situation.

In 2019, Frenkel Topping launched its accountancy arm, Equatas, to assist clients with tax planning and move closer to providing a full end-to-end service under the Group brand, improving the experience for clients and maintaining the Group's standards throughout the client journey.

In 2020 Frenkel Topping acquired Forth Associates, a specialist forensic accounting services business which assists in financial and legal disputes. The acquisition makes Frenkel Topping the largest independent provider of financial expert witness reports to the claimant marketplace.

Earlier in 2021 Frenkel Topping acquired A & M Bacon Limited a leading costs specialist in local government and Court of Protection, and Partners in Costs Limited who specialise in civil litigation claims, including personal injury (ranging from catastrophic injury to clinical negligence), professional negligence, commercial claims and court of protection costs.

For more information visit:  www.frenkeltoppinggroup.co.uk  

 

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