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FEN Frenkel Topping Group Plc

53.50
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Frenkel Topping Group Plc LSE:FEN London Ordinary Share GB00B01YXQ71 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 53.50 53.00 54.00 53.50 53.50 53.50 13,344 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Legal Services 24.85M 1.65M 0.0129 41.47 68.49M

Frenkel Topping Group PLC IFA partnership with Horwich Cohen Coghlan Ltd (8025D)

24/02/2020 7:00am

UK Regulatory


Frenkel Topping (LSE:FEN)
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TIDMFEN

RNS Number : 8025D

Frenkel Topping Group PLC

24 February 2020

LEI 213800I5L3K7AT7A4R20

Frenkel Topping Group plc

("Frenkel Topping" or the "Company")

Frenkel Topping Limited establishes partnership with Horwich Cohen Coghlan Ltd

Frenkel Topping, the specialist independent financial advisor and asset manager focused on asset protection for vulnerable clients, is pleased to announce its IFA business has established a 50:50 joint venture with Horwich Cohen Coghlan Ltd ("HCC"), a law firm with a 25 year track record specialising in personal injuries. The joint venture will be named HCC Investment Solutions.

HCC Investment Solutions will develop new and innovative investment products for the personal injury market. The joint venture will also support Ascencia Investment Management to create bespoke investment solutions and support future AUM growth.

Richard Fraser, CEO of Frenkel Topping Group plc, said:

"We are very excited to be partnering with HCC, a highly regarded law firm dedicated to helping those who have suffered major trauma, serious and minor injuries. HCC and Frenkel Topping Limited are culturally-aligned and we are both focused on putting our customers first and ensuring that they get the best services."

Mark Holt, Managing Director of Frenkel Topping Limited, said:

"The investment solutions available in the personal injury market have limitations and we want to provide more choice and better quality investment options for people who have suffered accidents. Our partnership with HCC allows us, as part of HCC Investment solutions, to produce innovative and tailored investment services which better suit our customers' needs."

Brian Coghlan, Director of Horwich Cohen Coghlan, said:

"Frenkel Topping's expertise in conservatively managing client's money and generating returns is a very strong complement to our leading position of providing legal advice to those who have suffered major and minor injuries. We have found our clients are somewhat limited in what they can invest in and this partnership has been set up to develop bespoke and new investment solutions that will be entirely new to the personal injury market. Our unified capabilities mean we will be well-positioned to deliver a more compelling range of investment solutions to those who have suffered injuries."

For further information:

 
 Frenkel Topping Group plc          www.frenkeltopping.co.uk 
 Richard Fraser, Chief Executive    Tel: 0161 886 8000 
  Officer 
 
 finnCap Ltd                        Tel: 020 7220 0500 
 Carl Holmes/James Thompson 
  (Corporate Finance) 
  Tim Redfern / Richard Chambers 
  (ECM) 
 
                                    frenkeltopping@tbcardew.com 
   TB Cardew 
 Tom Allison 
  Shan Shan Willenbrock 
  Olivia Rosser                     0207 930 0777 
 
   About Frenkel Topping:   www.frenkeltopping.co.uk 

Frenkel Topping Limited provides specialist independent financial advice focussed on asset protection for clients. The specialist independent financial adviser has a market leading position providing advice and fund management services for personal injury and clinical negligence awards and is well placed to provide services to a wider customer base.

Ascencia Investment Management provides a range of wealth management services including bespoke investment portfolios, personal and corporate financial advice and tax planning. It is focused on increasing its assets under management by continued growth of the business by an increase in the number of highly qualified fee earners for the provision of its industry leading specialisms.

It has a national presence with offices in Manchester, Birmingham, Cardiff and London and has relationships and infrastructure in place to further grow its reach and target markets.

About HCC : www.hccsolicitors.com

HCC are a firm of solicitors who specialise in personal injury claims, and have a department dedicated to dealing with Major Trauma and serious injury cases. The Major Trauma department prioritise the funding of a full rehabilitation package in the first instance, as this gives clients a better prospect of making a quicker and more complete recovery than would otherwise be possible. The firm also looks to secure the best possible financial settlement for clients, so that in appropriate cases they are able to fund their care and support needs for the long term. HCC have offices in Manchester and Birmingham, and service clients all over England and Wales.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

February 24, 2020 02:00 ET (07:00 GMT)

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