Move is a big jump forward for Carterbar
Feb 19 2008 by Sue Scott, Evening Gazette
A TEAM of financial experts is gearing up for expansion after relocating to new premises.
Carterbar has bought its own office building at Manor Way in Billingham to accommodate a growing team as its workload increases.
The company is run jointly by a trio of English and Scottish independent financial advisers (IFAs), hence being named after the well-known crossing point between England and Scotland.
During the past 12 years, it has built up a client base of 3,000 customers from North Yorkshire up to Tyneside and specialises in providing financial advice on pensions, life assurance, mortgages and investments.
Arthur Dornan, one of three IFAs running Carterbar, said: “This is a highly important move for this company as it gives us room for expansion.
“It provides us with excellent links to the A19 and A1.”
Fellow IFA Suzanne Cox said: “Geographically, we have only moved 200 yards down the road from our previous office at Belasis Business Centre.
“But in business terms this is a major step forward.
“We have 140 years combined financial experience in the business which is helping us to grow our presence across the North-east.”
Carterbar is taking on two new trainee advisers in the next month, which will bring its total staff to nine. An additional trainee is expected to be recruited in the first half of next year.
Mr Dornan said: “We are committed to providing employment opportunities in the Tees Valley.
Billingham has been our home over the past 12 years and will remain so, as it is a great location for business.
“With rising house prices and concern around issues such as pensions, we are finding people are increasingly turning to us for independent financial advice on every aspect of their lives.”
Meanwhile the company has also been to helping raise funds for a good cause.
Mortgage adviser Rachel Loynes recently took part in a charity parachute jump to raise funds for the Butterwick Hospice in Stockton.
Carterbar donated the cost of the jump and Rachel’s efforts raised £1,870 for the hospice.
