It’s easy to talk about corporate social responsibility - it’s rare to find a company that doesn’t talk about it - but walking the walk is harder. The sort of social responsibility initiatives that matter are the types that forge a connection between a business and its community. And these take effort and hard work from all parties involved. So it’s always refreshing to hear about prestigious firms with a genuine commitment to making an impact, especially when the impact is local.
Manchester wealth management specialists King Street Wealth
Management, formerly part of the Raymond James group of companies, recently
announced a new ‘helping others’ vision for their business and the concept is
simple; to improve people’s lives locally.
At a recent launch event at Manchester’s exclusive King Street Town House
hotel, attended by clients, family, friends and community partners - including
local sporting legend Diane Modahl - managing director Mark Parello explained
the thinking.
“We want to build a brand that matches our core values. We were part of the
Raymond James family since we launched four years ago, and it’s been a great
journey so far, but Matthew and I strongly feel that now is the right time to
establish a more distinct brand of our own that communicates a wider message
beyond our core business offer.
“Helping others and having a positive impact in our community is a key part of
the company’s future. We’re committed to achieving it through both our client
work and through our community efforts. That’s why we’re proud to partner with
the Diane Modahl Sports Foundation, our first official community partner.
Tonight is about celebrating that and looking to the future.”
Former Commonwealth 800 metre champion Diane Modahl is the
founder and chief executive of the Diane Modahl Sports Foundation, one of the
community partners of King Street Wealth Management.
Diane says: "It's exciting to see King Street Wealth Management relaunch
with a renewed focus on helping others. They're already a valued supporter of the
Diane Modahl Sports Foundation and they’ve already help to raise over £50,000
for the foundation.
“We're really excited to be part of their future. The foundation's aim is to
empower young people in all aspects of their life through sport, like young
Reddish athlete Aimee Pratt. Aimee is is on track, with the support of the
foundation, to qualify for the Tokyo 2020 Olympic Games 3,000m steeplechase.
She's just one of many inspirational young people who will benefit from
partnerships like the one between our foundation and organisations like King
Street Wealth Management."
Mark and Matthew started working together four years ago when they launched as Raymond James King Street, part of the American family of wealth management companies. In the four years since, they’ve taken on two members of staff and managed assets worth in excess of £100 million.
Chief investment officer Matthew Singleton believes
establish a link between a firm’s business goals and its social goals is
essential.
“Our corporate vision is about helping people achieve financial independence.
As a business we want to enrich the lives of our clients, improve outcomes and
force improvement in our industry. We’re a business, but we’re also members of
our community and we want to play our part in enriching lives there too.
“We’re grateful to Diane and all at the Diane Modahl Sports Foundation for
helping us improve our impact locally. Both Mark and I passionate about sport
and the societal benefits it brings - from fostering resilience to improving
health - so we’re thrilled to be able to support Diane and her team in making
sport accessible to all, especially those living in economically disadvantaged
areas. It’s been a great partnership so far and we’re excited about how we can
work together in the future.”