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 about to retire this month and Rigden will proceed main the enterprise, supported by a newly-appointed group of administrators.
Rigden and Newbold offered their shares to an employment possession belief in October final 12 months, that means the enterprise is now owned by its workers.
Wiseone will proceed to function as a DA and half 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 actually miss his presence, we have now been meticulously planning this transition, making certain a easy handover and reallocation of roles and duties inside our group.”
Of the brand new possession construction, he says: “It really empowers our workers and ensures that everybody is invested in our collective success.”
TMA Club head of gross sales Sarah Evans says: “We want Paul all the easiest. It’s been a pleasure working alongside him and the group and we’re enthusiastic about their future following this new method.
“It really displays the core values of Tim and Paul, who’ve persistently put clients and workers on the forefront of each determination.”
