Business Details
23 Years
experience
Your Trusted Financial Advisers in Northallerton
Prosperity Financial Management has been providing independent financial advice since 2003, serving clients across North Yorkshire and the North of England. Our approach begins with active listening to understand your unique financial situation, aspirations, and concerns, enabling us to create tailored strategies that address both immediate needs and long-term goals. With a team of qualified professionals holding advanced certifications in financial planning and mortgage advice, we prioritise transparency, integrity, and client-centric service. Our expertise spans pensions, investments, protection, and wealth management, supported by our authorisation from the Financial Conduct Authority under reference FRN 1006940.We combine decades of collective experience with a commitment to ongoing client support, ensuring our advice evolves alongside your changing circumstances. By focusing on education and clarity, we empower clients to make informed decisions without jargon or ambiguity. Our dedication to excellence is reflected in our team's continuous professional development and our track record of helping individuals and businesses achieve financial security. Located at 195 High Street, Northallerton, we offer face-to-face consultations alongside remote advisory services to accommodate diverse client needs.
Services
Financial Planning
Pensions Advice
Investment Strategies
Wealth Management
Tax Planning
Details
- Year established: 2003
Highlights and features
- We have over 20 years of combined experience in financial services since 2003
- All advisers hold advanced qualifications including the Diploma in Financial Planning
- We provide tailored financial strategies based on comprehensive client assessments
- Our FCA authorisation ensures adherence to strict regulatory standards
- We offer ongoing support with regular reviews of your financial plan
Associations and certifications
- Financial Conduct Authority
Services
Financial Planning
Our financial planning service creates tailored strategies to help clients achieve life goals through structured wealth management. We assess your current financial position, risk tolerance, and long-term objectives to develop comprehensive plans covering retirement, education funding, and major purchases. With regular reviews and adjustments, we ensure your financial roadmap remains aligned with changing personal circumstances and market conditions.
Pensions Advice
We provide expert guidance on pension arrangements including workplace schemes, personal pensions, and self-invested options. Our advisers help optimise contributions, navigate tax implications, and plan retirement income strategies. We specialise in consolidating existing pensions and ensuring clients maximise their retirement savings potential while maintaining regulatory compliance.
Investment Strategies
Our investment services focus on building diversified portfolios aligned with individual risk profiles and financial goals. We offer guidance on asset allocation, fund selection, and risk management strategies. Through regular portfolio reviews and market analysis, we help clients navigate market volatility while aiming to achieve sustainable growth over both short and long-term horizons.
Wealth Management
This comprehensive service addresses wealth preservation through strategic tax planning, inheritance solutions, and risk mitigation. We help clients protect assets from erosion through appropriate insurance structures and estate planning considerations. Our approach balances growth objectives with safeguards against inflation, taxation, and other financial risks.
Tax Planning
We provide guidance on optimising tax positions through legitimate reliefs and allowances within current legislation. Our advisers help structure financial affairs to minimise tax liabilities across income, capital gains, and inheritance taxes. We focus on long-term strategies that adapt to changing tax regulations while maintaining compliance with HMRC requirements.
People
Colin Fawcett
Director
With over 30 years in financial services, Colin co-founded Prosperity in 2003. He specialises in straightforward financial advice, combining regulatory expertise with practical solutions. Outside work, he enjoys family time and outdoor activities.
Paul Bonomini
Director
A founding director since 2003, Paul brings 30+ years of advisory experience. He focuses on comprehensive financial planning and maintains long-term client relationships. His interests include fitness activities and travel.
Andrew Hodgson
Adviser
Advising since 1995, Andrew helps clients achieve financial confidence. He specialises in retirement planning and investment strategies. Outside work, he enjoys hiking, photography, and family time in Thirsk.
Andrea Swaine
Adviser
With Cemap qualifications, Andrea specialises in mortgages and protection. She has 30+ years industry experience and supports local triathlon initiatives. She balances client needs with family commitments in Northallerton.
Holly
Admin
Holly has provided administrative support since 2005, ensuring smooth operations between advisers and clients. She plays a key role in maintaining the firm's high service standards through efficient client communication.
Questions
What financial services do you specialise in?
We specialise in financial planning, pensions advice, investment strategies, wealth management, and tax planning solutions tailored to individual and business needs.
Are your advisers qualified?
All our financial advisers hold the Diploma in Financial Planning, with mortgage specialists possessing recognised industry qualifications.
How do you approach financial planning?
We begin by understanding your current situation, then create tailored strategies through regular reviews to meet evolving financial goals and market conditions.
Do you work with businesses as well as individuals?
Yes, we provide financial advice for businesses of all sizes alongside personal financial planning services.
How are you regulated?
We are authorised and regulated by the Financial Conduct Authority under reference FRN 1006940.
What areas do you cover?
Based in Northallerton, we serve clients across North Yorkshire and the wider North of England region.
