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£500m milestone for The RU Group


The RU Group, a Nottingham headquartered group of financial services companies, has announced that it has surpassed half a billion pounds of assets under management on behalf of its clients, its highest total to date. The Group, with headquarters at


the ng2 Business Park in Nottingham and offices in Derby and Sheffield, currently has over £500m in private wealth under management in its model portfolios and investment propositions. This is an increase of more than ten per cent over the past 12 months. The growth in funds under management is the result of a combination of factors. The Group has steadily increased


its client base over the past financial year and has also invested significantly in new members of staff and their ongoing professional development. The Group’s Culture of Learning


Ian Browne


has led to Russell Ulyatt Financial Services, the financial advice firm at the heart of The RU Group, achieving Chartered Status for three years in succession.


Ian Browne, Head of Advice at


The RU Group, said: “Surpassing £500m of assets under management is a company landmark for us and has been achieved despite the more challenging market conditions over the past 18 months. We have re- invested in The RU Group over recent years, including new senior staff, brand identity and back office systems, and achieving the half billion figure is another indicator of our continued commitment to growth and to the provision of the best service to our clients.” This achievement is the latest in


a series of milestones for The RU Group which has roots dating back to 1881. In 2018, the Group recorded its


highest increases in both turnover and profits and in early 2019 it announced it was investing over £140,000 into a new client-facing IT platform, Intelligent Office, to improve client experience, streamline practice management and bring all its complementary and associated businesses onto a single platform.


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business network July/August 2019 13


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