New offices and fresh qualification for financial planners

By Anita Jaynes on July 30, 2018

Financial planning firm Proposito is marking a double celebration, with a head office move and a distinguished new qualification for one of its chartered planners.

Proposito Financial Planning, until recently based near Malmesbury, has hopped across the Wiltshire/Gloucestershire border into neighbouring Cirencester, where the location in the Cotswold capital is better suited to its growing client base.

At the same time Chartered Financial Planner Russ Haworth has been awarded the Certificate in Family Business Advising (CFBA) by the US-based Family Firm Institute, in recognition of his extensive professional knowledge and significant expertise, which he calls upon when advising family business owners and family wealth clients. It’s believed that Russ is the first financial planner in the England to achieve this award.

Russ, who joined Proposito in 2015 and runs the company’s Taunton office, took just six months to complete the training for the award, which is usually spread over a year.

Chartered Financial Planner Russ Haworth, recently awarded the Certificate in Family Business Advising.

“I work primarily with family businesses and really wanted to increase my understanding of the challenges they face, so I can better support them,” said Russ. “In a family-run business there are many apparently conflicting priorities – is a director’s priority to the business or the family, for example, they are often run less formally, and there is usually more emotion involved.

“This qualification is helping me to provide much more rounded support, understanding all the elements, and not just focusing on the ‘logical’ solutions the text books suggest we use.”

The CFBA scheme, created by the Family First Institute, helps spread best practice among family business advisors. Family Firm Institute president, Judy Green, said: “Through completion of the certificate programme, Russ has gained a deeper understanding of the needs of family-owned enterprises and the many roles family business and non-family members play.”

Russ is so enthusiastic about supporting family businesses, he runs a weekly podcast which so far has had more than 20,000 downloads, called The Family Business Podcast, where he interviews business people involved in family-run firms. He is also writing a book about family businesses.

Huw Jones, Proposito Financial Planning Managing Director, said the move to Cirencester Office Park, and Russ’s recent accolade, were great news for the company.

“We are delighted with our new location in Cirencester, which really suits our team and is very accessible for our clients,” he said. “And I would like to congratulate Russ on successfully attaining the CFBA, which shows his, and our, commitment to supporting family business owners, who form an essential part of our client base.”

Visit Proposito online at www.proposito.co.uk