LONDON: Frenkel Topping Limited, the specialist independent financial advisor and asset manager focused on asset protection for vulnerable clients, announced its IFA business has established a 50:50 joint venture with Horwich Cohen Coghlan Ltd (HCC), a law firm with a 25 year track record specialising in personal injuries.

The joint venture will be named HCC Investment Solutions.

HCC Investment Solutions will develop new and innovative investment products for the personal injury market. The joint venture will also support Ascencia Investment Management to create bespoke investment solutions and support future AUM growth.

Richard Fraser, CEO of Frenkel Topping Group plc, said: “We are very excited to be partnering with HCC, a highly regarded law firm dedicated to helping those who have suffered major trauma, serious and minor injuries. HCC and Frenkel Topping Limited are culturally-aligned and we are both focused on putting our customers first and ensuring that they get the best services.”

Mark Holt, Managing Director of Frenkel Topping Limited, said: “The investment solutions available in the personal injury market have limitations and we want to provide more choice and better quality investment options for people who have suffered accidents. Our partnership with HCC allows us, as part of HCC Investment solutions, to produce innovative and tailored investment services which better suit our customers’ needs.”

Brian Coghlan, Director of Horwich Cohen Coghlan, said: “Frenkel Topping’s expertise in conservatively managing client’s money and generating returns is a very strong complement to our leading position of providing legal advice to those who have suffered major and minor injuries. We have found our clients are somewhat limited in what they can invest in and this partnership has been set up to develop bespoke and new investment solutions that will be entirely new to the personal injury market. Our unified capabilities mean we will be well-positioned to deliver a more compelling range of investment solutions to those who have suffered injuries.”