Date office opened: 1996
Number in team: 130
Number of clients: 26,000
Group AUM: £25 bn
Top three fund picks:
- Lindsell Train UK Equity: Nick Train
- Old Mutual North American: Ian Heslop
- Blackrock Continental European: Alister Hibbert
Q&A with Andy Finch, head of wealth management and international sales director, Canaccord Genuity Wealth Management, Guernsey (pictured below):
What is your typical client demographic?
The Guernsey office has a broad range of clients, a mix of wealthy local residents, who come to us for discretionary portfolio management and stockbroking, as well as fiduciary clients and intermediaries looking to outsource investment.
What differentiates your region?
One of the big differentiators compared to any other region in the UK is that practically everyone you meet is or has been employed
in financial services. Then there are all the great things that come with living on a small island, like being able to take a walk on the beach whenever you like, fantastic seafood – and the fact that it’s areally great community.
What challenges does your area face?
Like most western democracies, funding the care needs of an ageing population is somewhere near the top of the list. Another big one for us Guernsey residents is getting on and off the island in a cost effective manner.
What’s the best thing about living in your area?
The fact that I have a six-minute commute to the office.
What is your office motto?
Approachable, aligned and accountable.
Are you bullish or bearish?
Cautiously optimistic. Following nine years of a bull market, we have hit a volatile stage, where many are asking if we are headed for a bear market, if bubbling inflation will prove problematic, or if political outcomes (such as Brexit or a potential trade war) will damage the markets. We look at the economic and corporate fundamentals and believe there is some road ahead for the stock market bull.