Raymond James Financial has expanded its footprint in the UK by opening an office in Manchester.

The new office will offer a fully integrated financial planning and discretionary investment management services.

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The new venture will be headed by ex-WH Ireland duo Mark Parello and Matthew Singleton. They will be joined Clive Garston and Samuel Wright.

Parello said: "We are incredibly excited about the launch of Raymond James King Street. Our diverse experience in the industry has enabled us to be innovators, allowing us to think differently and in turn see a better and more efficient way of providing wealth management advice.

"The ultimate aim is to have 1,000 financial planners distributing our service across the UK. I believe that by starting in Manchester we already have a fantastic head-start thanks to the city’s supportive network and entrepreneurial spirit."

Founded in the US in 1962, the company has been operating in the UK since 2001.

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