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IN BRIEF: Frenkel Topping sets up joint venture with CFG Law

ALN

Frenkel Topping Group PLC - Manchester-based professional and financial services firm focused on asset protection - Establishes 50-50 joint venture between the group's independent financial advice business and Cheadle, England-based law firm CFG Law.

Under the trading name CFG Financial Services Ltd, the joint venture will provide services including legal and financial advice to clients involved in litigation after injury, illness or clinical negligence.

‘As part of our strategy to grow our core business, Frenkel Topping, we are formalising our relationships with high calibre firms who share our client-first mentality. Joint ventures like this one expand our network of new business referrers and demonstrate our commitment to innovate and enhance our services, ultimately supporting our objective to increase shareholder value,’ says Chief Executive Officer Richard Fraser.

Current stock price: 69.13 pence

12-month change: up 9.7%

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