The Salisbury Group will continue with a traditional financial planning model in 2010 following a loss last year, with no major changes to their existing strategies planned, the company said.
Despite the $40,000 loss last year, Salisbury will maintain its focus on traditional financial planning, advice and current Approved Product Lists, according to chief executive Mark Euvrard.
After 10 years in operation, the company is looking to recruit new practices to help lift profits in 2010.
Euvrard said the group’s “consistent conservative approach and mission to add value to the practices of our advisers” was behind its success over the past decade.
The Salisbury Group’s offering is “attractive to a growing number of established mature financial advisers that are seeking a partner which acknowledges their industry longevity with programs and initiatives that supports and enhances their individual business objectives,” he added.
