Date office opened: Oct 2017 (Been in the region since 1948. Moved from Bangor to Llandudno to open new office in October 2017)
Group funds under management: £23 billion
Group clients: 26,000 (following Cannacord Genuity acquisition)
Average portfolio size: £400,000
Top three fund picks:
- Marlborough Extra Income
- BlackRock Continental European Income
- Fidelity Global Technology
Q&A with Matthew Rainbird, branch manager, Hargreave Hale, Llandudno:
What is your typical client demographic?
Outside the charity portfolios we manage, our private clients tend to be either saving towards retirement or are retired and looking for additional retirement income.
What differentiates your region?
There are not very many places you can work where you look out the window and have the views we have over the Conwy estuary and mountains. To look after clients here the team must also be bilingual. We service both English and Welsh speaking clients, so fluency in both is essential.
What challenges are facing your area?
The transport links require investment. This can make it hard for some clients to travel throughout the region and so we regularly visit clients in their homes to make life easier for them.
What’s the best thing about living in your area?
Aside from the landscape and the views, the region does not suffer from the usual gridlock at rush hour.
What’s a typical regional saying?
‘Nid aur yw popeth melyn’ which translates as: all that glitters is not gold.
What is your office motto?
The client is our only priority
Bullish or bearish?
Cautiously bullish. Economic numbers in the US look strong and consumer confidence in the EU is the highest it has been in quite some time. We continue to be wary of companies where their business models are potentially threatened by disruptive technology.
- Cryptocurrency the main target for scammers in 2018
- 12 wealth and fund firms to watch in 2018 1
- Iress's Walsh: Why GDPR can drive trust in financial services
- CISI slams FCA plan to scrap Approved Persons Register 9
- Is the auto industry the next ‘Big Short?’
- How to make a compensation payout last a lifetime 1
- Déjà vu all over again: tax avoidance or criminal activity?
4 shares the pros are buying and selling
Our regular roundup of trades by professional investors, featuring Moss Bros, Eckoh, Dunelm and Ilika.
- Sunday Papers: Builders walk away from new PFI deals
- Saturday Papers: Private equity investors circle collapsed Carillion
- Miton's Brown on European small caps and Ferrari
- Lazard's Custis: the high street gems set for prosperous 2018
- The 10 financial services jobs set for biggest 2018 pay rises 2
- John Spiers gives EQ Investors staff chance to take control
Liontrust ESG head says sustainable investment doesn't mean low return
Peter Michaelis talks about ethical investment growth and where he sees future opportunites.
Are platforms the biggest barrier to wealth manager ETF take-up?
Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.
SVM's Veitch on what's next for banks
SVM fund manager Neil Veitch is finding value in what he describes as unstable financials and talks through his favourite small caps.
Profile: Affinity’s Julia Warrander on the importance of diversity
'Sometimes there are 10, sometimes 20 people around a table and, more often than not, I’m the only woman,' says the Affinity Wealth co-chief investment officer
Pub Club: A meat feast at Blacklock with Dart Capital
What's on in 2018: Wealth Manager Events Calendar
New Citywire podcast: Walking with Wealth Managers - exclusive preview
Office Spotlight: Thesis Asset Management, Lymington
MPS Investment Committee: Creating the right blend for the year ahead
What's up in the North - catching up with Sanlam's Teesside office
On the Road: 9 wealth managers share their 2018 new year's resolutions
MPS Investment Committee: Paul Wharton, Tacit Investment Management
Office Spotlight: Nedbank Private Wealth, London
Pub Club Special: On the Road Christmas Jumper Lunch 2017
Quizzing the newest wealth manager in Wiltshire
Office Spotlight: Canaccord Genuity Wealth Management, Jersey
MPS Investment Committee: Steven Rooke, Cazenove Capital Management
Worthstone's Social Investment Academy: biggest event yet
Boutique Malloch Melville founder on the benefits of being small in Scotland
Pub Club: at The Old Beams in Milton Keynes with WH Ireland
MPS Investment Committee: Simon Doherty, Quilter Cheviot
Office Spotlight: Equilibrium Asset Management, Cheshire
MPS Investment Committee: Sanjay Rijhsinghani and MPS team, LGT Vestra
Dining with 7IM's Damian Barry at The Culpeper
On the Road Challenge: Bowling with Kleinwort Hambros