Charles Darwin’s notes on a humble black finch on the Galápagos Islands in 1835 inspired the creation of a fast-growing firm of considerable wealth in Gloucester – which has been flying under the radar until now.
This week, wealth management firm Blackfinch Group found itself in the media after winning a highly prized, although niche accolade of Defaqto 4 Diamond Rating for one of its investment funds, less than 12 months after the product’s launch.
Great news for Blackfinch, its investors and potential clients, but perhaps the most exciting thing for Gloucestershire generally is the impact that is having on the scale of the firm, founded by Richard Cook.
Gloucester Business Park-headquartered Blackfinch’s ascension reveals a fast-growing firm which now employs 100 staff and £450 million of assets under management and administration, according to its most recent company accounts.
However, SoGlos has been told that since those accounts were published (on October 8 2020 for the year up until 31 December 2019) that headline figure has grown by a further £50 million, and continues rise.
Darwin may well have approved of Blackfinch’s ethos too, which is also at the heart of its growth. It champions investments which are both ethical and environmentally sound.
By Andrew Merrell
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