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Park Row appoints managing director

Amanda Jarvis

September 20, 2002

PRIM is the independent mortgage arm of Park Row, the financial advice group that advises on all financial needs throughout the UK. Paterson reports to Eddie Fitzsimmons, Executive Director, Park Row Group plc.

To date Kevin Paterson has been responsible for establishing PRIM following Park Row’s reverse takeover of Birchin International plc in May 2002 and his ongoing role will be to expand the business further. PRIM has 80 mortgage advisers and aims to grow to 100 by the end of 2002 and 150 by the end of 2003.

PRIM is committed to the concept of independent mortgage advice made available through Park Row’s 23 UK offices, on-line or by telephone. Advisers who join PRIM are fully trained on induction and undergo ongoing Cemap training. Advisers can also benefit from the career structure offered by Park Row with the ability to move on from the mortgage market to giving professional financial planning advice to private and corporate clients.

Paterson joined the finance industry in 1983 having served in the Royal Marines for five years. He has a wide range of experience with a number of IFA firms including Crown Life, Lincoln and Flower IFA where he was Managing Director.

Eddie Fitzsimmons, Executive Director, Park Row Group plc, comments

“We are delighted with the success of PRIM which has already grown to 80 advisers from ten at the beginning of the year. Kevin has done an excellent job in building the business and we look forward to more strong results with Kevin in this role as we continue to expand in the mortgage market.”

Kevin Paterson, Managing Director, PRIM, adds:

“I am looking forward to the challenge of building PRIM even further. We already have a strong business and have had a lot of success in establishing very good lead generation programmes with a wide range of introducers. We have a great team of advisers and lots of potential for them to benefit from the business opportunities being generated. As a company which is already operating within a regulated structure we are well placed to play a major role in the market as the whole industry moves towards regulation and will continue to grow.”


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