Stonebridge celebrates turning 25
Stonebridge started life as a commercial mortgage brokerage in 1988 and the organisation has evolved over the past two decades to become a network in October 2010.
Richard Adams, Stonebridge managing director, founded the company as a one-man band outfit operating out of Hadleigh in Essex.
Adams said: “We are usually a forward-thinking company but reaching such a landmark presents the perfect opportunity to look back over all we have achieved.
“We have survived and thrived through various economic cycles achieving consistent growth while maintaining our zero borrowings policy and always managing to turn a profit.
“Surviving for 25 years in any industry is tough but it is especially difficult in a sector as exposed to economic fluctuations as financial services which is why we’re so pleased to have passed this milestone.
“Having weathered the storms of previous recessions, kept pace with rule and regulatory changes and adapted to different trends in lender and borrower behaviour we are confident we can continue writing further chapters of the Stonebridge story for another 25 years and beyond.”
Stonebridge Group now looks after 100 appointed representative firms and 160 selling individuals.
The group itself incorporates four companies –Stonebridge Mortgage Solutions being the network arm, Cathesis (wealth management), Revolution (bespoke financial services software) and Stonebridge Mortgage Services which is tied to Legal & General, an arrangement that dates back to the founding of the company.