Financial experts Old Mill has promoted a fifth of its 30 strong tax team as part of its ‘recruit, retain and promote’ strategy, putting it on course to become the fastest growing practice in the South West.
In addition, the company has also further strengthened its wealth management team with the appointment of Chartered Financial Planner Tom Parry (pictured).
In November, Old Mill announced a restructure to facilitate its ambitious plans to grow by 15% pa over the next five years and double staff numbers by 2026. As well as creating a simpler model to support growth, the restructure also enables quicker staff progression.
In this latest round of promotions, the tax team – which celebrated 100% success in exams earlier this year – has promoted Marketa Pasova to Tax Senior Manager, Steve Ford and Joe Campbell-Orde to Tax Seniors, Callum Anderson to Tax Assistant Manager, and Dan Wilton and Aisha Perrott both become Tax Managers.
Aisha Perrott, who recently passed her final two CTA exams said: “I didn’t think I’d be up for promotion this early so I am really chuffed and absolutely ready and willing to take on everything my new role encompasses.”
Aisha said she was really pleased for her colleagues too and enjoys working in such a positive environment: “I constantly feel inspired by my colleagues – everyone in the team is so supportive of each other and it’s wonderful to see everyone progressing and being recognised for their progress. The team is going from strength to strength, and I feel very lucky to be a part of it.”
Dan Wilton joined Old Mill straight from college on a trainee programme. He said Old Mill had been incredibly supportive at every stage: “One of the things I love about Old Mill – and working in the tax team specifically – is the flexibility to explore different passions and mould your career around this. There is no set route dictating what you need to do, and that enables us to develop professionally and personally.”
While the company-wide growth strategy is to double the size of the business within five years, the tax team has already increased from 20 to 30 in just eight months, while income from tax services alone is up 20%, meaning recruitment is going to have to accelerate significantly – to at least 50 by 2026 – to support this fast-growing area of the business.
David Maslen, Director of Tax said: “I am so proud of the team and what they have achieved this year, and these promotions are testament to how much we value the fantastic work they have done. But if we are to continue on this trajectory, we are going to need more people.”
Meanwhile, Tom, 43, has more than 20 years’ experience in financial services, bringing his specialisms in retirement planning and business protection to Old Mill.
He will be based at the company’s Exeter office where he will provide comprehensive planning to individuals, family businesses, corporates, trusts and charities, drawing on his corporate planning expertise to focus on providing business protection, legacy and succession advice. He will also use his local knowledge to help build up Old Mill’s offering in the region.
Tom said: “I have always believed that a personal, professional and friendly goal-focussed approach is key,” he said, “so I was really drawn to Old Mill because, unlike other firms, who tend to go straight in with a ‘one size fits all’ solution, they get to know their clients, understand who they are and what they are trying to achieve, and then create a financial plan that will help them get there.
“Old Mill has big plans to become the fastest growing practice in the region, and has restructured to help facilitate that, enabling quicker career progression for staff and greater incentive programmes for those who help drive growth. I have big career ambitions myself, and I know that at Old Mill, I will have the opportunities and the support I need to achieve them.”
Paula Hodge, Head of Wealth Management at Old Mill, said: “Tom has been working in financial services for more than 20 years’, he shares our ethos, and has some great ideas for how we can further enhance our offering in Exeter and the wider South West region, so we are thrilled to welcome him to Old Mill – I am confident he will be a huge asset to the team.”
For more information, visit https://careers.om.uk/