Expanding Manchester-based firm Pareto Financial Planning has reported turnover up by 22% over the past year and total assets under management topping £1 billion for the first time.

Over the past year Pareto has increased headcount by 20% to over 70 as it continues to drive forward expansion.

The firm added two Chartered Financial Planners and two members of the team progressed through its  Adviser Academy to become financial advisers.

Pareto’s Employee Benefit team was expanded with the recruitment of an additional employee benefit consultant. 

The firm also secured three new partnerships, adding North West based Beever and Struthers, Wyatt Morris Golland Ltd and Langricks to its list of Chartered Accountants that work with the firm on a range of Financial Planning services including pensions, protection, investments and corporate planning advice.

The firm has continued to support local charities and community projects including Beechwood Cancer Care, Manchester City of Trees, Wood Street Mission, Friends of Wellfield Running Track, Gildersome Girls Under 13s Football Team, Curzon Ashton PAN-Disability Football Team and Agecroft Rowing Club Youth Rowing Programme.

Paul Stones took on the role of managing director in 2021. 

He said: “With economic uncertainty more pronounced, now more than ever, it is critical that those seeking to protect and secure their financial future can do so with the confidence that the team they work with are personal and approachable.

"Everyone’s circumstances are unique and at Pareto we pride ourselves on the service we provide. Our growth, while pleasing, is testament to our team’s dedication and our focus from top to bottom on the values we share with each other and our clients.“