David Harrison, the founder and chairman of Monetary Planning and wealth administration agency True Potential has been knighted for companies to enterprise, schooling and social mobility.

The award was made as a part of the latest Antiguan and Barbuda Independence celebrations.

Sir David based Newcastle-based True Potential in 2007.

It has since grown to make use of greater than 400 folks and works with a fifth of UK monetary advisers, managing greater than £22bn of belongings for traders.

Sir David bought True Potential to non-public fairness agency Cinven in September 2021 in a deal specialists estimated to be value between £1.6bn and £2bn. Sir David stayed on as chairman whereas his son Daniel remained as chief government.

Along with his enterprise successes, Sir David has been a constant champion of schooling and social mobility. He arrange 4 Harrison Centres for Social Mobility within the UK and is engaged on the fifth Centre in Antigua, the primary to be established abroad.

On the ceremony the Governor Normal Sir Rodney Williams mentioned: “David’s work and dedication by means of his basis’s direct dedication and monetary impression to assist social mobility and real equality of alternative, and as a businessman, has benefited hundreds of thousands of individuals world wide together with Antigua and Barbuda and nations throughout the Caribbean.”

The knighthood adopted Sir David receiving an honorary doctorate from the Open College in October. By free private finance programs that Sir David helped to create with the Open College, greater than 1m folks have improved their understanding of finance and investing.

True Potential operates a broad wealth administration enterprise and has its personal funding platform and fund arm. It has greater than 1.4m retail shoppers within the UK.

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