Founded in the back bedroom of managing partner Colin Lawson as Applewood Financial, the firm now manages more than £515m in assets for hundreds of families across the UK.
In the past financial year the firm surpassed its annual growth target by £22m, increased its assets under management by £90m and hit the £5m turnover milestone.
During this period Equilibrium enjoyed a client retention rate of more than 99% and grew its client base by over 100 families.
Colin Lawson, managing partner at Equilibrium, said: “21 years is a long time to be in any business and there has certainly been a great deal of change both inside the business and in the financial planning industry itself, since we first started in 1995.
“Despite serious financial shocks, most notably and recently the 2008 financial crisis, we have been able to ensure that the business has remained robust and has, in fact, been able to grow to the point where the past financial year was our best on record.”
Colin’s vision was to create a specialist wealth management business focused on ensuring that clients are successful with their investments throughout their entire lifetime. Ultimately, Colin wanted to bring an entrepreneurial flair to a process-driven industry dominated by old-fashioned, out-date practices of stockbrokers and banks.
Recent expansion has seen the wealth management specialist accrue further office space in Chester and Knutsford, expanding operations from its headquarters in Wilmslow. The firm has been named Northern England’s Firm of the Year three times, picking up the accolade at the Citywire New Model Adviser awards for the past two consecutive years.