Who are CFG Financial Advisors?
The original business, Carruth Financial Consultants, was founded in 1984 by our Managing Director, Steve Patterson. The business was incorporated a few years later and became the Carruth Financial Group Ltd. At that time, based in the Park District of Glasgow, (a well know professional business district adjacent to the famous Kelvingrove Park and Museum) the company had already built a reputation within the Glasgow legal and accountancy professions as a high quality source of sound and reliable financial advice.
Many of our earlier clients were the senior partners in these city firms. Client referrals then became common, both private individuals and small to medium sized businesses. The company began to specialise in trust work and pension planning, in particular the ‘SSAS’ and ‘IHT’ markets, and protection benefits. The company also developed a growing reputation for managing investments over many years, and for its emphasis on client service and support, with reputedly the highest customer retention level in the Scottish financial adviser community.
Meet our Directors
After studying engineering at Glasgow University, Steve decided a career in financial services offered the best opportunity to apply his creative technical skills. Having established Carruth Financial Consultants in 1984 Steve and his team had built up a wealth of experience in pensions, protection and investment planning.
After developing specialist retirement analysis software he launched Intelligent Pensions in 1998 to provide flexible bespoke retirement solutions for high net worth customers. From an early stage a growing proportion of the company’s clients were being introduced by other IFAs reflecting the exceptional calibre of services and expertise on offer in this complex area of financial planning. Through its low cost SIPP facility linked to a range of leading institutional fund management houses the company now manages over 1,000 pension drawdown portfolios with a combined value of over £400m.
CFG Financial Advisors continues operating alongside Intelligent Pensions as a broadly based financial services business sharing the same premises in Waterloo St. in the heart of the Glasgow International Financial Services District.
Karen ReidAssociate Directorkaren@cfgfinancialadvisors.co.uk
Karen has over 20 years of financial services and investment experience having started her career in two of the largest Insurance Companies Prudential and Standard Life. She joined CFG in 2005 where she was brought in as an adviser and helped set up the Wealth Management division of the company CFG Investment Services Ltd. in 2009.
Karen holds the required Level 4 Diploma in Financial Planning whilst also holds the specialist Taxation and Trusts G10 and Personal Investment Planning G20. Karen is also working towards her Charterted Financial Planning Accreditation.