Edgewater Associates, a leading independent financial advisory firm in the Isle of Man, is proud to announce its significant contribution to the positive interim results of its parent company, Manx Financial Group PLC (MFG).
MFG reported a 16% increase in profit before tax to £3.5 million for the first half of 2024, demonstrating the resilience of its subsidiaries in navigating the current economic environment.
Edgewater’s growth highlights its continued role as a trusted partner for individuals and businesses seeking comprehensive financial planning, wealth management, and independent advice on investments.
Supporting Financial Wellbeing in the Isle of Man
Over the past six months, Edgewater has seen a rise in demand for tailored financial advice, as Isle of Man residents and businesses look for guidance to secure their financial futures in an uncertain economic climate. This increased demand reflects the confidence clients place in Edgewater’s expertise, reputation, and commitment to providing independent, client-focused advice.
Richard Taylor, Managing Director of Edgewater Associates, commented:
“At Edgewater, our mission is to offer trusted, independent advice that empowers our clients to achieve financial security and success. These positive results are a testament to the strength of our client relationships and the confidence our customers place in us. As we continue to grow, we remain focused on providing high-quality financial advice that is tailored to meet the specific needs of the Isle of Man community.”
Looking Ahead
Edgewater’s focus for the rest of 2024 will be to continue supporting its clients with bespoke financial planning and wealth management services. In line with the broader strategy of MFG, Edgewater is also investing in enhancing its service delivery through technology, making financial advice more accessible and convenient for its clients.
Douglas Grant, CEO of MFG, added:
“Edgewater continues to demonstrate its value within the Group, delivering solid results while expertly guiding clients through complex financial landscapes. Their focus on providing personalised, high-quality financial advice has strengthened their reputation in the Isle of Man, and I am confident that their commitment to their clients will drive further growth and success for both Edgewater and the wider MFG Group.”
For more details about the interim results or MFG’s future plans, visit www.mfg.im.