West Lancashire-based adviser and Financial Planner Acumen Financial Partnership has reported a 36% increase in turnover for the financial year ended 30 June.

The turnover is a record high for the Burscough-based IFA.

Funds under management increase 12.8% year on year to £395m.

The team has also increased by three, bringing headcount to 21.

The firm has two offices, a head office in Burscough and a second team based in Pilling. It has been trading for 16 years.

Angela Maher, managing director at Acumen Financial Partnership, said: “These are the company’s best figures in its 16th year of business and are testament to the commitment and hard work of the team.

“It shows we are continuing to grow with more people trusting us to deliver clear, friendly and straightforward financial advice.”

Jon Landy, director at Acumen Financial Partnership, said the firm’s advisers have stayed close to their clients through the pandemic and recent market turmoil and that their efforts have been appreciated.

He said: “It’s been an uncertain time for investors but by staying connected to our clients during the pandemic we were able to reassure them that their savings were safe and would recover.

“We have a close knit and loyal team of advisers and support staff helping people make the most of their hard earned savings and making sure they make the right decisions, at the right time.”

Formed in 2006, Acumen Financial Partnership offers tailored financial advice and planning around investments, protection, pensions, mortgages, business succession planning and equity release.