Bury St Edmunds financial planners - Becketts - take on 10 new staff
There has been some good news at a well-established Bury St Edmunds company this week as the country emerges from lockdown.
Despite some of the most testing times in business history, Beckett Investment Management Group, based on Dettingen Way, Bury St Edmunds, has taken on ten new staff.
The chartered financial planning company, which has been based in the town since 1988, decided the time was right to expand its team, based on demand for services.
In uncertain times, the financial planning sector can often see an upturn in its fortunes, according to managing director, Ian White.
“We started to see a significant growth in the number of private clients from about the middle of last year,” he said.
Whenever something happens, such as a financial crash, or in this case a pandemic, people start planning their future.
"In this case, people also had more time to think about their long-term financial future and just want general advice to start.
“As a result of this, we have taken on the extra staff, simply to cope with demand.”
Becketts, recently aquired by the Foresight Group, now has more than 2,000 private clients and 850 corporate clients.
It handles around £850 million in client assets. It now has 63 staff in Bury and another 20 across its two other offices in Ipswich and Norwich.
The ten new staff are all based in Bury office and include Charlotte Wilson as a private client consultant, Becky Button providing administrative support, Mark Giles as a senior private client consultant and Heather Doggett providing general investment support.
In the private sector the company offers advice from asset management to long-term planning and pension pots. In the corporate sector, it offers advice including employee benefits and healthcare.
“The new staff, who will work in the private sector, have years of experience between them and we are delighted to have them on board,” said Ian Wright.
“We are combining working at home and from the office at the moment, and I think this is the way it will stay.
"The team worked extremely efficiently at home but we all miss the social side, and so flexi-time offers the best of both worlds."