Close Brothers Asset Management (CBAM) is set to open a new office in Gatwick to expand its presence in the UK.
The office will open on the 22 February, with an official launch planned on 28 April 2016 by the company’s CEO Martin Andrew.
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The Gatwick office will initially employ 55 staff specialising in retirement and estate planning, trust and investment work, with plans to add more advisers to the site in coming months.
The new office will be tasked with developing private client work through professional connections as well as pre-retirement lectures for staff employed within businesses in the Gatwick and Kent/Surrey/ Sussex areas.
The office opening follows increasing demand for specialist financial planning advice in the light of ongoing reforms mainly in the pensions arena.
CBAM already operates offices in Edinburgh, Newcastle, Glasgow, Manchester, Northwich, Bristol and London.
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By GlobalDataCBAM regional director Patrick Haines said: "The idea of financial planning can be a daunting one, and this is heightened with reforms changing the way individuals must approach their plans around retirement, investment, tax and inheritance.
"For this reason, it’s vital that the right guidance and advice is made available, and this is why we have made the decision to boost our presence in the Home Counties with our new Gatwick office."
