The UK investment house said the move will allow it to further develop its front and back office divisions.

Hargreave Hale has moved its headquarters to a new location in Blackpool, Lancashire to accommodate further growth.

The new 20,000 square foot office, based in Whitehills Business Park, is more than double the size of its previous base, with the capacity for over 250 staff. The firm currently employs more than 200 staff across its offices in Blackpool, London, Bangor, Carlisle, Lancaster, Norwich, Nottingham, Worcester and York.

“We are pleased to celebrate the opening of our new headquarters in Blackpool, having already been based in the region for over 100 years. In just the last two years we have seen staffing levels increase by around 35 per cent and our new premises will allow for further expansion,” said Stuart Brookes, joint managing director at Hargreave Hale.

“In terms of job creation and the apprenticeship programme we are currently developing, this move gives us the opportunity to make a very important contribution to the local economy.”

Hargreave Hale provides discretionary investment management and stockbroking services to private clients, intermediaries, corporates, charities and trusts. In October last year, the firm saw assets under management exceed £5 billion ($7.3 billion) for the first time.