Ryley Wealth Management is moving to bigger premises with the help of NG Chartered Surveyors and Nottingham law firm Shakespeare Martineau, thanks to several years of growth.
The Nottingham-based financial services company, which began trading in 1999, is relocating from Castle Quay to The Arc on ng² Business Park.
David Ryley, CEO of Ryley Wealth Management, cites the growth of the business, and, in particular, a 25 percent increase in client numbers over the last 12 months as the key factor behind the move.
He said: “It has been a fantastic 12 months for us, seeing funds under management grow by 19 percent, and subsequently the creation of five new staff roles within the business. This success has meant we have simply run out of space.
“We now have 19 members of staff, and we absolutely wanted to stay in the city. We have always been a Nottingham business, and most of our clients are East Midlands based, so consequently our new location is ideal”.
Ryley Wealth Management offers both corporate wealth management and private wealth management services to a host of private clients, SMEs and multinational businesses.
Sunny Landa, director at NG Chartered Surveyors, said: “This deal shows that Ryley Wealth Management are committed to Nottingham – and that high quality office space will always be attractive to growing companies. When previous occupiers Coutts vacated the space, we worked quickly with David and his team to secure the offices.
“To move into just under 6,000 sq ft of office space at a prestigious address shows how ambitious Ryley Wealth Management are. They’re now neighbours with the likes of Geldards and HSBC, and we were delighted to work with them on this deal”.
Sanveer Sandhu, associate solicitor at Shakespeare Martineau, said: “We are delighted to be working with Ryley Wealth Management and NG Chartered Surveyors in getting this deal over the line, which evidences the strength of the Nottingham market and the appetite to take up high grade space in the city. We expect this to be the first of many transactions for Nottingham at this level in 2016, as our outlook for growth continues to be extremely positive”.
Ryley added: “The economy in the East Midlands is strong, and it is a wealth creator. As such, we have seen a significant increase and ongoing trend of business sales among our business-owning clients in Nottingham, and we expect this to continue.
“We are looking to expand the business even further with acquisitions of other financial advisory businesses in the future, and intend on doubling our number of staff, so moving into The Arc will help us house that growth in months and years to come”.