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4 October 2024

New director promotions at Five Wealth

News & Insights

Phil Shaw

New director promotions at Five Wealth

Rick Gosling, Liz Colfer, and Amy Grace, all of whom have been integral members of the management team for the past 18 months, have stepped into director roles. During their time as associate directors, they have been instrumental in shaping the our strategic direction and leading on key projects that have driven the business forward.

As of now, we have seen a 19.5% increase in assets under management year on year, growing from £687.9m in October 2023 to £821.8m in 2024. Alongside this, the we have grown overall headcount by 10% to support our expanding client base, marking a significant phase of development for the firm.

The promotions come as we continue to strengthen our offering to business owners across the North of England. Specialising in financial planning and investment management, we have been working closely with our clients ranging from entrepreneurs to high-income professionals, helping them manage their wealth and achieve their long-term goals.

Phil Shaw, managing director at Five Wealth, said: “Rick, Liz and Amy have been active members of the management team for nearly 18 months now, helping to lead on projects, navigate the business on a day-to-day basis and set the strategy for the coming years, as well as providing excellent service to clients old and new. They have effectively been ‘doing’ the job for some time now and it’s great that this is being recognised with their promotions”.

Liz Colfer, newly promoted director, added: “It’s been great to be part of the management team at such a pivotal time for Five Wealth. We are passionate about supporting our clients, who are often navigating complex financial matters. I’m excited to continue working with the team to ensure our clients reach their financial goals while contributing to the firm’s next chapter of growth.”