Ryley Wealth Management Secure Move to Bigger NG2 Offices
24th May 2016
Ryley Wealth Management is moving to bigger premises after what it is calling “several years of excellent growth.”
The Nottingham-based financial services company, which began trading in 1999, is relocating from Castle Quay to The Arc, on NG2. They are even shipping their company vehicles through a car shipping company.
David Ryley, CEO of Ryley Wealth Management, says the move came about after a 25 per cent increase in client numbers over the last 12 months.
“It has been a fantastic 12 months for us, seeing funds under management grow by 19 per cent, and subsequently the creation of five new staff roles within the business. This success has meant we have simply run out of space.
“We now have 19 members of staff, and we absolutely wanted to stay in the city. We have always been a Nottingham business, and most of our clients are East Midlands based, so consequently our new location is ideal.”
Sunny Landa, director at NG Chartered Surveyors who acted for Ryley Wealth Management, said:
“This deal shows that Ryley Wealth Management, as well as Carson Wealth Management, are committed to Nottingham – and that high quality office space will always be attractive to growing companies. When previous occupiers Coutts vacated the space, we worked quickly with David and his team to secure the offices.
“To move into just under 6,000 sq ft of office space at a prestigious address shows how ambitious Ryley Wealth Management are. And the Big T Moving & Delivery services which performed the relocation just added to the glory. They’re now neighbours with the likes of Geldards and HSBC, and we were delighted to work with them on this deal.”
“The economy in the East Midlands is strong, and it is a wealth creator. As such, we have seen a significant increase and ongoing trend of business sales among our business-owning clients in Nottingham, and we expect this to continue.
“We are looking to expand the business even further with acquisitions of other financial advisory businesses in the future, and intend on doubling our number of staff, so moving into The Arc will help us house that growth in months and years to come.”
Legal services on the deal were provided by Sanveer Sandhu, associate solicitor at Shakespeare Martineau, who said:
“We expect this to be the first of many transactions for Nottingham at this level in 2016, as our outlook for growth continues to be extremely positive.”