A financial services business is opening a new office in Eastbourne in response to increased demand.
Spectrum Independent Financial Advice, whose headquarters are in Battle, now employs more than 20 people and is increasingly working with large businesses, entrepreneurs, families and individuals in and around Eastbourne.
The new office is located in Compass House, Gildredge Road, in the heart of Eastbourne’s financial and legal district.
Terry Weston, managing director of Spectrum Independent Financial Advice, is absolutely delighted to be establishing a permanent presence in the town. He said: “We’ve got a long association with Eastbourne in both the professional and private client market and the time is now right to have a satellite office in the town.
“My objective was to develop a fresh approach to financial advice that would not only resonate with our long standing professional contacts, businesses and high net worth clients, but also with people on more modest incomes looking to move house, efficiently invest savings or start a pension. We pride ourselves on providing great service, along with realistic, grounded advice, which our clients appreciate. The success of the business to date stands testament to this and I’m excited at the prospect of working with more people in Eastbourne.”
Spectrum will be offering a full range of services for businesses and private clients at the new Eastbourne office, including auto enrolment, later life care, residential and commercial mortgages, investments, life cover and pensions.
Geoff Fillery, corporate services director, who heads up the Auto Enrolment team, said: “We work with around 100 businesses throughout Sussex, Kent and London. As well as advising the employer we make an extra effort to provide ‘jargon free’ information to employees and members, not just on pensions, but on a range of financial topics that affect employees. We have just started to roll out financial well-being clinics, which are proving very popular, particularly among companies with a progressive approach to employee well-being.”
Another complex and critically important area of advice that has rocketed in demand in recent times is later life finance and planning for long term care.
Jeremy Over, director of Later Life Services at Spectrum and one of a very small number of fully accredited Society of Later Life Advisers, said: “Care home funding is complex and understanding how it works is something that most people shy away from until they have no choice. The majority have to fund their own care and need advice in protecting as many of their assets as possible, but without jeopardising their ability to cover their fees.”
The Spectrum mortgage experts are also reporting a substantial increase in activity in and around Eastbourne. Steve Opie, Director of Finance, said: “In addition to surges in re-mortgages and house purchases, we have received unprecedented enquiries for bridging finance, commercial mortgages, secured loans, and equity release for the elderly.”
Terry concluded: “It’s good to return to Eastbourne and re-establish connections with our local clients and professionals. Having said this a lot of people didn’t think we’d ever left!”