Hadleigh-based independent financial advice firm Matthew Douglas Ltd has been named as the "Best Financial Advice firm in The East of England" by asset management news group, Citywire.

Beating fierce competition from financial management heavyweights such as Beckett Investment Management Group, Chadwicks, Kingsfleet and SG Wealth Management, Matthew Douglas Ltd secured the prominent industry award at the Citywire New Model Adviser Conference & Awards 2024.

The annual event celebrates the very best financial planners across the UK, making the accolade especially sought after by those in the industry.

Russell Brett, Director at Matthew Douglas Ltd said: "We're absolutely thrilled to be named the best independent financial adviser in the East of England in Citywire's New Model Adviser Awards.

"We pride ourselves on providing the best service to all of our valuable clients, whether they're based in the East of England or further afield.

"We're constantly striving to improve our offering, and I'm so pleased that this has been recognised once again on a national level, especially after facing such strong competition against other high-performing firms in our region.

"I'd like to offer my appreciation to Citywire for once again hosting a fantastic event, and to the whole team back at Matthew Douglas for their constant determination, hard work and ambition that has got us to where we are today."

The win comes as the company celebrates its tenth consecutive year as a TOP 100 IFA Business, with it on course this year to achieve a record year for asset management.

Matthew Pescott Frost, Managing Director at Matthew Douglas Ltd, said: "In over 20 years of business, this company has grown into a successful, multi-award winning firm, boasting a fantastic team of individuals who go above and beyond for our clients.

"We now provide support and guidance to over 800 families across the East of England and further afield.

"This award is a testament to their hard work; it most definitely is a team effort, and I was very proud to represent them by accepting this award in London alongside my colleagues, Russell and Frank."

"It's taken sheer perseverance," added Matthew. "We do a good job, we've got a great legacy team, and a young team coming through – doing our bit to help the industry develop – and we plan to consolidate next year. Our youngsters are in their 20s and they're being primed to take over in around four or five years.

"Independent financial planning is essential. We are genuinely independent – all our shareholders actually work in the business, and not many firms can say that."

For more information on Matthew Douglas Ltd, please visit www.matthewdouglas.co.uk.