Provest Managing Director, Mark O’Sullivan and Minister for Finance, Michael McGrath and staff cut the ribbon on Provest’s new office in Douglas. Photo: Clare Keogh

Provest open new offices

A financial services firm has officially cut the ribbon on its new Douglas offices.

Provest moved to its new headquarters to meet, it said, the growing demand for its services. The firm said it now has more than 750 clients and assets to the value of over €220 million under its management.

Minister for Finance Michael McGrath has joined staff at the financial services firm, Provest, to officially open their new office.

He said: “It is heartening to see an Irish financial services company such as Provest grow from strength to strength, particularly during times of economic challenge. It is vitally important for consumers to have independent advice when it comes to addressing any concerns around their future investments.

“There have been a number of important changes to pension provision in recent years aimed at ensuring that people can look forward to their retirement with confidence. I am delighted to be able to support Provest here today and wish them every success in the future.”

Provest was founded in 2017 by Mark O’Sullivan, who is currently the Managing Director. The company employs 9 people with 3 new additions in the past 9 months - Director of Business Development John Kearney, Senior Client Executive Ursula Carroll and Non-Executive Director Richard Healy.

Mr O’Sullivan said: “We are incredibly proud of what we have achieved to date and we look forward to welcoming more clients in 2023. The next year will be a particularly busy time for Provest as many employers continue to review retirement provision for directors and senior personnel as part of their retention policy.”