Karl Nendick has joined Stockton company Active after 23 years with Yorkshire Bank, mainly as a financial adviser, but most recently as a wealth manager for personal and corporate clients. He has many clients in the Hull, Harrogate, York and Leeds areas.
As a director and independent financial adviser at Active, he joins chairman Glyn Pemberton, non-executive director Gary Lumby and fellow directors Karl Pemberton and Paul Gibson on the board.
The 42-year-old, from East Yorkshire, said: “Joining Active was an easy decision to make because it has given me a fantastic new opportunity and challenge whilst working with an incredibly knowledgeable team who can only benefit me and my clients.
“With many banks withdrawing their traditional independent financial advisory services, hundreds of their former clients have been made financial orphans.
“That, in turn, creates opportunities for firms such as Active, who have an outstanding reputation in offering professional, friendly and trustworthy financial advice.”
Qualified financial advisor Liza Pryke, meanwhile, comes to the Active team after 24 years with Yorkshire Bank and Axa, 17 of which were spent providing financial advice to clients along the A1 corridor, including the Darlington, Barnard Castle and Richmond areas.
“With Active, I am continuing to provide the same honest, professional and friendly service I gave my clients for so many years, always striving to give them the very best value for money,” said the 40-year-old Darlington woman.
“Many people have relied on their high street bank to give them trustworthy financial advice all their adult lives and believe that such advice is no longer available, but our message is that trustworthy financial advice from a friendly face remains available from a long- established local firm right on their doorstep.”
Having recruited six staff in the past 18 months and doubled in size since 2008, Active believes it can keep growing. Lumby said: “We are taking it step by step but, having doubled our turnover and profit over the past five years, we see no reason why we can’t do the same again over the next five.”
Having doubled our turnover and profit over the past five years, we see no reason why we can’t do the same again over the next five