Timing is everything – Crossing Point 1 year update

Launching a DFM business weeks before the Covid-19 crisis and what we have achieved.

One year ago, at the end of January, we finalised our investment round and at the beginning of February started taking client investments. Little did we know what the year was going to bring and we hope that you and yours have been able to stay safe and well through this time.

We have been hard at work growing the company throughout this unprecedented year that has brought upheaval and changes in the way in which everyone does business. This details the milestones we have achieved and the work we have done on the company during this time.

Our top achievements this year have been:

• Approx 37 million funds under management.
• 20 IFA companies have signed terms of business and this is growing.
• 9 Major Platforms are now live.
• www.crossingpoint.co.uk website has been refreshed.
• Excellent Portfolio Performance (please see below).
• We were awarded Best Discretionary Investment Management Solutions Wales from the SME Finance Awards 2020 and Award for Excellence in Multi Asset Portfolio Management 2020 for the SME Welsh Enterprise Awards.
• We have won several back book migration deals with a number of IFA companies which should result in large inflows in the future.
• We have established excellent relationships with several investment house platform providers.
• We have had further shareholder investment from one of the biggest IFA companies in South Wales.
• Guardian trend following portfolios have proved themselves in the Covid 19 Crisis.

We have managed through these unchartered waters for both us and the industry. We seamlessly and quickly moved to remote working as our phones and systems were already cloud based and Carl Hagger, our business development manager, continued to spread the Crossing Point news. Our goal was to reach 40 million by the end January and we were extremely close to that target even in the current circumstances.

Read more and download the full 1 year update document

If you have any questions or suggestions, please let us know. We will be glad to help and would love to hear from you. We hope that all is well with you and yours and we are looking forward to an exciting year ahead.

• Friday, February 12, 2021

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