Date opened: Leodis Wealth began life in the 1980s as the asset management department of Leeds legal firm Lupton Fawcett. The department was hived off as a separate LLP in 2014, and converted to a limited company in January 2016.
Average portfolio size: £300,000
Number in team: 11
Office clients: 330
AUM: £100 million
Top three fund picks:
- Legg Mason Japan (£ hegded)
- Chelverton UK Alpha Income fund
- Somerset Emerging Market Div Growth
Are you bullish or bearish? Moderately Bullish
Q&A with Dominic Key, investment director, Leodis Wealth, Leeds
What is your typical client demographic?
Typically 50-70 years old. The average age is dropping over time as wealth is passed down the generations and new clients come on board.
We manage a relatively high proportion of trust assets due to the historic links with law firm Lupton Fawcett.
What differentiates your location?
Yorkshire enjoys a broad based economy with a strong presence in legal, accounting and financial industries, supplemented by a rapid rise in tech and media.
Manufacturing continues to play a significant role whilst tourism adds £7 billion a year, aided by high profile events such as the Tour de France and World Triathlon series.
What challenges are facing your area?
The relative size and pull of London. A constant gripe is the poor rail and road links between the major northern cities. Brexit, the impact of rising interest rates and the end of quantitative easing.
What’s the best thing about living in your area?
The stunning countryside and black sheep bitter!
What’s a typical regional saying?
What is your office motto?
We do not have one, but if we did it would probably be: ‘Work hard, play hard.’
Typical balanced portfolio:
- FCA Mifid probe should address research 'conflicts'
- The existential crisis facing wealth managers 1
- Why Speirs & Jeffrey was forced to sell to Rathbones
- Richard Colwell: fund management is a funny old game
- Wealth boom: where DFMs must improve by 2021
- Is meeting the fund manager a must? 4
- How to invest for the cities of the future
Brooks hires James Hambro's Brookes for advice arm
Brooks Macdonald has appointed Simon Brookes as a director in its financial planning team.
- Overnight Markets: Tech shares lead US stocks mostly higher
- FTSE rebounds as China-US trade fears pause
- Legendary investor Jim Rogers launches AI-based ETF
- Next Gen: all the pics from our young guns event!
- Evenlode's AA-rated Peters' postcard from Silicon Valley
- Bank of England needs major shake-up, says Labour 1
CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’
Do not miss the first two minutes of this film as Richard Buxton shares how he has been challenged by a client for owning shares in a certain company.
CEO Tapes: the huge opportunities for asset managers
From tech disruption, retirement and poaching, the CEO discuss the opportunities for their businesses in this episode.
CEO Tapes: 'we're just a bunch of white dudes sitting here'
In our brand new series, eight CEOs discuss how the industry could do a better job for female fund managers.
Pics from our profile of Alpha Beta's George Higginson
See all the pics from this week's profile
Pub Club: With Tcam's Mark Little at De Hems (sort of)
MPS Investment Committee: Jordan Sriharan, Thomas Miller Investment
Office Spotlight: WHIreland International Wealth, Isle of Man
World Cup 2018
MPS Investment Committee: Tom Becket, Psigma Investment Management
Office Spotlight: Brown Shipley, Edinburgh
Walking with Wealth Managers: David Miller of Quilter Cheviot
Anything but standard - island life with Standard Bank Jersey
Sanlam Group celebrates its 100th birthday - here's what they've been up to
Citywire triumph at Stamford Bridge
Office Spotlight: Brooks Macdonald, Cardiff
MPS Investment Committee: Andrew Morgan, Walker Cambria
Pub Club: At The One Bull in Bury St Edmunds with Beckett Asset Management
Office Spotlight: Quilter Cheviot, Salisbury
MPS Investment Committee: Jeremy Balfour-Melville, Malloch Melville Investment Managers
Business Tree: JM Finn, Bury St Edmunds
Walking with Wealth Managers: Julie-Ann Ashcroft of Standard Life Wealth
Meet Wealth Manager's latest recruit: Katie Gilfillan
MPS Investment Committee: Jason Day & Eric Louw, Standard Life Wealth
A day in the life of: AJ Bell's Russ Mould
Office Spotlight: Brewin Dolphin, Glasgow