The traditional gift to mark a first anniversary is paper. While not putting pen to actual paper, it is perhaps more appropriate (in 2020) that we have adopted a “virtual alternative” by writing this blog to mark Throgmorton’s first year as part of the Apex Group. In this blog, we reflect on the biggest events of the last year for our business and look ahead to the exciting plans for the years to come.
The acquisition of Throgmorton last year was part of Apex’s expansion over, in particular, the last two years, expanding its capabilities to meet client demand and to offer a unique single-source solution. In July 2019, we joined Apex, adding 150 employees and over 350 clients to the group.
Our excitement when we announced our acquisition by Apex has not abated, and looking at the achievements of the last year, we remain certain that this was the right strategic opportunity for us, and our clients.
Our Year in Numbers:
As alluded to above, geographic expansion has been a key focus for us this year. As part of Apex, we have had the opportunity (and the investment) to leverage our 20 plus years of experience of delivering accounting and business services across the UK so as these can be delivered internationally via local teams.
As also noted above, we are not just expanding our footprint internationally. The next evolution for Throgmorton is to expand our product and service suite to meet the needs of our clients. We have long sought to offer regulatory Compliance advice to our clients. In July 2020, we were delighted to launch Throgmorton Compliance solutions. Led by the well-known and widely respected Mel Scotland (formerly Firth), we can now deliver tailored services including license applications to the FCA, the NFA/CFTC and the SEC, compliance monitoring and management services, company health checks, regulatory audits, outsourced registered compliance and MLRO functions, plus options for board liaison and training.
As each and every reader will be all too aware, the first half of 2020 has thrown up a significant, and unexpected, challenge for our clients in the shape of COVID-19. While we are seeing increased demand for our advice and services (e.g. UK tax advice or changes to payrolls we run), we have also pro-actively taken the benefits of experience and breadth to clients. For example, Lauri Cox, Throgmorton UK’s energetic and experienced Head of HR Consulting, has been releasing Frequently Asked Questions that have:
After a dynamic and busy first year for Throgmorton as part of Apex, we remain energised, focused and excited for our second year as part of the group. Our appetite for growth remains and we are looking forward to a busy second half of the year, in which we will focus on:
Watch this space…
For more information about Throgmorton and Apex’s Corporate Solutions services please contact: Adam Hewitson, Head of Throgmorton
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