Employees at Cheshire-based Wiseone mortgage brokers have purchased out the agency’s co-founders.
Tim Rigden and Paul Newbold established the directly-authorised agency 1 / 4 of a century in the past.
Newbold is ready to retire this month and Rigden will proceed main the enterprise, supported by a newly-appointed workforce of administrators.
Rigden and Newbold bought their shares to an employment possession belief in October final 12 months, that means the enterprise is now owned by its staff.
Wiseone will proceed to function as a DA and a part of TMA Club, which awarded the agency New Build Broker of the 12 months in 2025.
Rigden says: “It’s been an unbelievable 25 years working alongside Paul, constructing Wiseone into the profitable agency it’s at present.
“His dedication and experience have been instrumental in our journey.
“While we’ll definitely miss his presence, we’ve been meticulously planning this transition, guaranteeing a easy handover and reallocation of roles and obligations inside our workforce.”
Of the brand new possession construction, he says: “It really empowers our staff and ensures that everybody is invested in our collective success.”
TMA Club head of gross sales Sarah Evans says: “We want Paul all the perfect. It’s been a pleasure working alongside him and the workforce and we’re enthusiastic about their future following this new strategy.
“It really displays the core values of Tim and Paul, who’ve constantly put clients and staff on the forefront of each choice.”