Mortgage and protection specialist Thameside Associates has announced a long-term extension to its partnership with network Stonebridge, as the firm looks to accelerate growth and further strengthen its support structure.
The decision to continue the relationship of 10 years reflects Thameside’s confidence in Stonebridge’s ability to support its plans to both increase adviser numbers and turnover. Thameside will also be developing its management function to support a larger operation.
Thameside Associates currently operates with 16 advisers and six administrators. Of the adviser team, 15 are self-employed,and the administrators provide tailored support across the business.
Mark Noe, Director at Thameside Associates, said: “We enjoy a strong relationship with Stonebridge and value the hands-on support and guidance the network provides. We’ve extended our partnership because it gives us the certainty and confidence that we have the right support in place as we look to scale the business.
“We’ve built a strong team and a solid platform for growth, and we’re excited to be expanding the number of advisers. We will also be strengthening the management team to eliminate any growing pains as we target higher turnover.”
Stonebridge’s relationship-led approach and practical business support were key factors in the Suffolk-headquartered firm’s decision to continue the partnership, with regular engagement helping decision-making.
The extended partnership will see Thameside Associates continue to leverage Stonebridge’s wholly-owned technology platform, Revolution, as well as its compliance, operational and business development support.
Rob Clifford, Chief Executive at Stonebridge, said: “Thameside is a great example of an ambitious, well-run firm with clear growth plans. I have worked alongside its current owners and predecessors for over a decade and we are delighted that Stonebridge is continuing our partnership and supporting the business as it looks to expand.
“Strong relationships and tailored support are real strengths of our network, and longstanding, loyal member firms like Thameside are our lifeblood.”
