Richard Shanks

Consultant 01332 501150

At work

After running a top 150 law firm’s financial planning department for six years, Richard set up the Professional Financial Centre (East Midlands) Limited in 2009. He sold the business to Dan Smith in 2018; Dan rebranded the business to Chambers Smith, as it is known today. As our consultant, Richard continues to assist the business in advising clients to the best possible standard. Richard enjoys helping people to ensure their future generations are well looked after through thorough tax planning.

At play

Richard is married and has two children. He spends his spare time (“what spare time?!”) entertaining them! When he does get a spare moment, Richard enjoys cycling, walking and studying the Bible.

  • Advanced Diploma in Financial Planning

  • Diploma in Financial Planning

  • Financial Planning Certificate

  • Certificate in Equity Release

  • Certificate in Mortgage Advice Certificate in Life & Pensions

  • Award in Long Term Care Insurance

An interview with Richard

On an ideal weekend, you can find me:

“Walking, cycling, kite flying and playing at the park with my children.”

My favourite holiday destination is:

“The Caribbean.”

My favourite song to play in the car is:

“Kings of Leon – Use Somebody.”

The first album I bought was:

“The Beatles - Sgt. Pepper's Lonely Hearts Club Band.”

I could turn any activity into an Olympic sport, I would win a medal in:


When the dessert menu arrives, I’m looking for:

“Apple crumble with custard, or chocolate bread and butter pudding with ice cream.”

The three qualities that draw me to new people are:

“Loyalty, warmth and kindness.”

My pet peeve is:

“Wasting time.”

The best gift I’ve ever received is:


The three people at my dream dinner party would be:

“Warren Buffet, Richard Branson and Barack Obama.”

The three small things that make my day better are:

“The smiles and laughter of my children as I get home, the peace and quiet once the children are in bed, and a nice hug…preferably from my wife or children.”


A client since 2006

From Derby

“I have been a client of Chambers Smith Financial Planning for almost 14 years now and am so grateful for how they look after me and my finances. I trust Chambers Smith implicitly and seeing my Inheritance Tax liability fall year by year as a result of their planning means that I will recommend them until I run out of breath!”

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A client since 2016

From Matlock

“Chambers Smith Financial Planning are available at any time to discuss any detail on the investments, expressed in a way that is easily understood. The Trust has greatly benefitted from receiving this professional service which has been tailored to its own particular circumstances.”

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John and Tara

Clients since 2007

From Bakewell

“Over a period of 10 years, Chambers Smith helped us implement high-quality financial advice and planning to meet all our needs going forward. They haven’t stopped working on achieving the best possible outcomes for us. We are extremely happy with the service they have provided.”

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A client since 2006

From Ashbourne

“Chambers Smith has always been thorough and helpful. When my husband passed away in 2018, they proved themselves invaluable at an incredibly difficult time. Chambers Smith is not just a financial adviser – they truly care, and I have nothing but gratitude for their service.”

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A client since 2014

From Manchester

“Chambers Smith worked with me and my company in a way that no other adviser had done before. They looked at every detail, explained things in a clear manner, tailored all planning to my company’s exact needs and offered regular, ongoing reviews… we have been thrilled with the work”

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Get in touch

    Chambers Smith is authorised and regulated by the Financial Conduct Authority. You can find Chambers Smith on the FCA register by clicking here. Under reference 488279. Registered in England & Wales. Company number: 06674780. Registered Office: 2 Cheapside, Derby, England, DE1 1BR.

    The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details can be found by clicking here.

    The guidance and/or advice contained in this website is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK. The FCA does not regulate tax or estate planning.