Employees at Cheshire-based WISEONE mortgage brokers have bought out the firm’s co-founders.
Tim Rigden and WISEONE co-founder Paul Newbold established the directly authorised firm more than two decades ago, growing it into one of Cheshire’s foremost mortgage intermediaries.
After a 25-year career Newbold will retire in July, when Rigden will continue leading the business, supported by a newly appointed team of directors.
Rigden and Newbold strategically sold their shares to an Employment Ownership Trust in October last year, meaning the business is now owned by its employees through a trust.
Rigden said: “It’s been an incredible 25 years working alongside Paul, building WISEONE into the successful firm it is today.
“His dedication and expertise have been instrumental in our journey. While we’ll certainly miss his presence, we’ve been meticulously planning this transition, ensuring a smooth handover and reallocation of roles and responsibilities within our team.”
He added: “It truly empowers our staff and ensures that everyone is invested in our collective success.”
WISEONE will continue to operate as a DA partnered with TMA Club, which awarded the firm New Build Broker of the year in 2025.
Sarah Evans, Head of Sales at TMA Club, said: “We wish Paul all the very best. It’s been a pleasure working alongside him and the team at WISEONE and we are excited about their future following this new approach.
“It truly reflects the core values of Tim and Paul, who have consistently put customers and staff at the forefront of every decision.”
Rigden added: “Partnering with TMA Club has allowed us to gain valuable ongoing support to grow and develop our business and we look forward to this next chapter with them beside us.”
