Morfitt & Turnbull (Management Services) Limited was founded in October 1971. The aim of the Company then, as it still is now, is to obtain clients from professional connections, namely accountants, solicitors, stockbrokers and also referrals from existing clients. We have had a policy of keeping a low profile to the general public, but a much higher profile with professionals. This, we feel, has given us good rapport and a great deal of respect from our introducers.
The company’s founders were pensions and investments specialists and in 1980 Morfitt & Turnbull (Management Services) Limited was founded to be a specialist investment arm. It was so successful that in 1986 the Company was purchased by N.Brown plc.
The company formed part of the financial services side of the N.Brown group, which included Dunlop Heywood Limited. N.Brown plc is a mail order specialist company that wanted to diversify into the financial services arena and we were the first part of their ‘jigsaw’. By 1999 N.Brown plc decided to concentrate on their core business, which is home shopping and the internet and therefore they decided to sell off the financial service businesses. In the case of Morfitt & Turnbull (Management Services) Limited, the Directors bought the Company.
In February 2005, Gareth and Pauline Shaw bought the shares of the other two Directors and now own 90% of the share capital.
In October 2018, Sadly company co-founder Malcolm Morfitt died.
Morfitt & Turnbull incorporated. The company’s founders were pensions and investment specialists, sourcing clients from professional connections through accountants, solicitors and stockbrokers.
The policy of using professional contacts and keeping a low profile with the general public was particularly successful and led to the formation of Morfitt & Turnbull (Management Services) Limited, a specialist investment arm.
Morfitt & Turnbull’s offices were destroyed by the IRA bombing of Manchester City centre. The company continued to function in temporary accommodation before eventually moving into permanent offices in Deansgate, Manchester.
Pauline and Gareth Shaw acquired 90% of the company shares from the other directors, and relocated the financial services company to purpose-built offices in Knutsford.
Morfitt & Turnbull (Management Services) celebrate 40 years of business.