The History Of Ringrose Grimsley. Should You Wish To Know All There Is To Know To Date!

You'll probably be pleased to learn that the original practice was formed in 1992, which means that we have had the time to build knowledge, expertise, systems and the ability to use them to your greater good!

The practice was founded by Terry Grimsley and Gordon Ringrose (hence the name Ringrose Grimsley & Co) who, as two highly experienced advisers wanted to be able to offer the kind of service that they themselves would wish to receive but was increasingly difficult to find.

The practice started with a few key clients who recognised that the advice they were receiving would enable them to make the most informed, and therefore the most appropriate, decisions for the security and prosperity of their future.

Initially, the two experienced partners worked from rented premises on the outskirts of Peterborough from where the business started to grow and prosper, helping more and more individuals, as well as businesses, make the most of their opportunities and minimise their risks.

During 1998 Gordon retired from full time advising and his shares were purchased by Terry making him the sole owner and 100% share holder.

In late 1998 Terry was joined by David Frankland, an IFA with ambition. One ambition, having fitted in perfectly with the ethos of customer service, was to, eventually, buy the practice.

Over the following years the practice continued to grow with more and more quality advisers and even more quality, discerning clients.

During this period a substantial step forward was made by acquiring owned offices purchased using monies in the partners pension funds (known as SIPPs, Self Invested Personal Pensions) - so certainly practicing what was preached.

Having built a strong base the next major improvement had to be the technology, investing in state of the art servers and a secure network was a major step forward for all. Today it might seem quite 'common place' and normal but back then it was considered innovative. To complete the picture the rest of the infrastructure such as 'phones and the building were also updated, upgraded and generally much improved.

In order to have greater flexibility for our clients when accessing their information and monitoring all the necessary, up to the minute, professional and market data, we invested in a bespoke database and business management system in early 2003. A fully custom design was the only real option for us to have a system that worked for us, when we wanted and how we wanted. Fortunately, we didn't need to look further than our own client bank . Richard Berry of Desktop Logic provided the perfect solution for all our complex and somewhat demanding needs.

When the business was acquired by David Frankland in December 2003 a number of further changes and improvements were made to give our clients even more advantages.

The company became Ringrose Grimsley Ltd, and was accepted by the FSA (The Financial Services Authority) to be directly regulated by them. A new branding was created and we were, from then on, known as RGL. Of course, our established clients still know us and refer to us as Ringrose Grimsley - old habits die hard.

But, whatever label is used, the people, the processes and the good old fashioned service remain the same.

The history of RGL or Ringrose Grimsley Limited shows that each move, each investment and each change has been progressive and resulted in our ability to give better service to our valued and appreciated clients.

The Old Chapel in Castor was bought for offices in 2004 in an effort to become even more integrated within the office and in 2007 an opportunity arose to sell the building and move into central Peterborough in order to take the business on another step forward.

1st June 2008 - UPDATE

After an extensive search, and two major disappointments we have eventually found a new "home". We have built brand new offices in the Orton Southgate area of Peterborough which gives immediate access to the A1 as well as swift communications to all other parts of Peterborough.

In true "Challenge Anneka" style ( remember the programme ? ) we bought the shell of a building on 28th April, created custom made offices and all the other facilities need, moved in on the 29th May and were back to full speed by 3rd June 2008. In true style most of the work was completed by clients of ours and its down to their hard work and tenacity that we achieved our objective....


That's the story so far. Hopefully it's given you a bit of an insight into RGL and how we are constantly looking to progress for the benefit and ease of our clients. But it's not totally altruistic - when our clients win we all win.