Lizzie Crothers, Pacem Advisory’s director of accounting and tax, with director Kevin Kelly (left) and managing director Daniel Glover
Daniel Glover, Pacem Advisory’s managing director (centre) with director Kevin Kelly and Lizzie Crothers, director of accounting and tax
A Belfast wealth management and business advisory firm has announced it now manages more than £210m worth of assets for its clients.
Pacem Advisory said it has seen annual growth of 23%, and is aiming to reach £1bn worth of client assets under management by 2032.
The business, which was founded in 2017, says it “was established to help high net worth families, affluent retirees and entrepreneurial business owners gain clarity across both personal and business finances”.
Its business now includes wealth management, accounting and tax advice services.
Daniel Glover, Pacem Advisory’s managing director (centre) with director Kevin Kelly and Lizzie Crothers, director of accounting and tax
It said that recent growth has seen it now managing £212m worth of assets for its clients.
It said most of its business comes from referrals from existing clients with the remainder arising from “professional partners across Northern Ireland and the Republic of Ireland”.
It has also grown its spend on staff by £460,000, and plans to grow its 28-strong team to 45 within the next three years.
The company says future plans with focus on “expanding its senior business advisory and financial planning teams, alongside specialist roles in data and automation”.
Lizzie Crothers, Pacem Advisory’s director of accounting and tax, with director Kevin Kelly (left) and managing director Daniel Glover
News catch up – Monday 2 February
Daniel Glover, Pacem managing director, said: “Our continued strong performance significantly outpaces the wider wealth management sector, which typically grows at below 10% annually.
“Our growth reflects a very deliberate focus on client outcomes, coordinated advice and staying true to our roots as a locally owned firm.
“With ongoing economic uncertainty and tax reform, clients are seeking joined-up advice more than ever.
“They want a single, trusted adviser who understands the full picture across their wealth, business interests and long-term family plans.”