Manning & Company joins ValidPath

Devon-based advisory firm Manning & Company has joined the network for independent financial advisers (IFA) ValidPath.

The transition to ValidPath is coupled with Rimbal, the parent of ValidPath, providing capital to Manning & Company to support its long-term growth strategy.

Manning & Company was founded in 1988 and serves more than 1,000 clients across the UK.

The business is led by managing director, Paul Northmore, alongside directors Patrick Goddard, Mike LeGassick, and Lisa Burton.

Its transition to ValidPath marks the next stage of the firm’s growth strategy, with the company already having acquired several client books and is actively recruiting advisers.

ValidPath’s Growth and Transformation Programme has been adopted by Manning & Company, with the framework designed to help independent advice firms scale and build long-term business value.

The programme supports firms with aligning their corporate and commercial interests, and covers adviser recruitment, acquisition and succession planning, marketing and business consultancy, technology and AI adoption, and growth capital.

Commenting on the move to ValidPath, Northmore said: “We’ve always been committed to independence and doing the right thing for our clients.

“As a leadership team, we reached a point where we knew we had strong foundations and a clear opportunity to grow further, but we also recognised we needed the infrastructure, expertise and support to help us take the business to the next level.

“Working with ValidPath provides us this support and an ability to access additional capital for growth.”

ValidPath growth & development manager, Laura Handy, added: “Paul and the wider Manning & Company team have built a highly respected and client-focused business with strong foundations and a clear plan for the future.

“We are very excited to support them on their growth journey as they transition to ValidPath and transform their business for growth and value creation while continuing to support clients in their best interests.”

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