A Norwich financial planning company is celebrating a management buyout by two employees.

Brancaster House Financial Planning, based on Castle Meadow in Norwich, will be run by former compliance officer Nick Halls and Shane Julian, who previously worked as a financial planner for the company.

The pair said becoming co-owners was a “long-held aspiration” and that they were excited to begin “the next chapter” of the firm.

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Mr Julian said: “It’s not often that you’re given the opportunity to buy an established business from within. 

“We feel buying a business that we both already know the inner workings of and have been involved in running previously is an extremely good position to be in.

“Even more so when compared to starting from scratch with the regulation that encompasses the financial services industry.”

Mr Halls added: “The next chapter for the business doesn’t mean any change for the clients that are already on board. 

“The team will continue to provide financial advice in the same way they always have – but now with us leading the charge.”