London wealth management firm invests in Hull

London wealth management firm invests in Hull

A Humberside entrepreneur who launched a wealth management firm in London has returned to open a second office in Hull.

Wealth management firm Vobis has worked with some of the biggest names in sport and entertainment since its launch in 2009.

Vobis co-founder Marc Hackney learned his trade with Ernst and Young in Hull and when he headed to London to build an A-list client base he vowed he would never return.

He started his own wealth management business in 2007 and two years later set up Vobis Limited in partnership with Richard Stott, the company's executive director.

Now, Hackney has used the contacts developed from his own background in Hull and from The Deep Business Centre's network to move Vobis’ entire supply chain to East Yorkshire.

He said: “We use Office Angels in Hull for our recruitment, photocopiers from Spectrum, IT from The One Point, design from Umber Creative, print from Halographic. We use local businesses wherever we can.

“We also help our local suppliers get work elsewhere. People get better value and the quality is just as good. It's about supporting the local economy.”

The London client base includes big names in the media industry, celebrities and sports personalities.

The company had office space with top accountancy practice Silver Levene and moved to its own premises in 2013.

But while the London office is the client-facing side of Vobis it will be overtaken this month in staffing terms by the Hull office, which opened just over a year ago at The Deep.

Hackney added: “For about a year I was commuting and spending part of the week working from home.

“You only realise how much it has taken out of you when you stop. The office in London is expensive and I decided to take the back office functions to Hull.”

“When I left the city was so depressed but I came back to find it really vibrant. When I came back it was the best thing I ever did.”

Vobis opened at The Deep in November 2014, doubled its space in April 2015, and will expand its workforce to seven this month with two new recruits, with five colleagues in London.