HERTFORDSHIRE-based investment advisors Lyndhurst Financial Management have been commended in the recent Moneyfacts Awards.

The news continues the rise in status of the company, building on its success in reaching the top ten last year.

A statement from the company says: ""We are delighted to share with you that Lyndhurst were awarded 'Commended', or effectively third place, in the Moneyfacts 'Investment Adviser of the Year' awards.

"This award spans the country, and after coming in the top 10 last year, we were very pleased to not only be nominated again this year, but to place within the top three.

"We hope you'll agree that this is yet further evidence of the excellent service we provide here at Lyndhurst and points to the care with which we look after our clients and their investments."

Since their inception, the Moneyfacts Awards have steadily grown in prominence, attracting the best and brightest within the industry.

These awards are meticulously judged based on rigorous criteria, ensuring that only the most deserving candidates emerge victorious. The comprehensive evaluation process includes a blend of quantitative analysis and qualitative assessment, incorporating feedback from industry experts and customers alike.

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The Investment Adviser of the Year Award is particularly noteworthy, as it recognises individuals and firms that have demonstrated unparalleled expertise, innovation, and excellence in investment advisory services.

The award is a testament to the recipient's ability to navigate the complexities of the financial markets, provide insightful and strategic advice, and consistently deliver exceptional results for their clients.