Date office opened: 2016
Number in team: 4
Number of clients: 100
Group assets under management: £2.1 billion
Average portfolio size: £500k
Top three fund picks:
Stewart Investors Asia Pacific Leaders
Baillie Gifford Japanese
Fidelity Emerging Markets
Q&A with Luke Pearce, investment manager, Rowan Dartington, Leeds:
What is your typical client demographic?
Our clients are wide ranging in their demographics and investment needs. Some had been dissatisfied with the service they were receiving elsewhere. All are aware, and want, the highly personal and attentive service that they receive though Rowan Dartington and our parent company St James’s Place.
What differentiates your region?
We don’t beat around the bush and you’ll get a straight forward and honest answer to your question. The answer may not be the one you wanted to hear but it’s the ‘honest truth’.
What challenges are facing your area?
Leeds is a forward looking, vibrant and exciting city which places us in an excellent position to face the challenges of the future. As we enter 2018, the greatest challenge for Leeds is the same as every other region – what will be the effects of Brexit and how do we ensure that we succeed and not succumb.
What’s a typical regional saying?
'There’s nowt like a proper brew'.
What’s the best thing about living in your area?
The wonderful coastline, the Moors & Dales, the history of York and the excitement of Leeds. This incredible diversity attracts a wonderful range of people. The best thing though is the pride that all Yorkshire folk take in their county, in helping others and striving to achieve the very best.
Bullish or bearish?
Markets are reflecting that economic growth is strong in a lot of areas of the world and heading into 2018 we are, broadly speaking, bullish. That being said, many markets are not ‘cheap’ and as ever there is a need for prudence, diversification and risk management.
Typical asset allocation of a medium risk, balanced return portfolio:
- Income and unrated bonds: a match made in heaven?
- Smith & Williamson's Rupert Phelps: entrepreneurialism in the next generation
- Martin Gilbert: Three lessons I learned from the crisis
- My first 100 days as CEO of Beaufort Investment Management
- GAM meltdown: unrated bond alarm bells ring 4
- Aston Martin's £5bn float: style over substance? 1
- ETF veteran issues fund firms three year warning 1
GAM: Haywood probe was launched by whistleblowing colleague
GAM launched an investigation into former fixed income absolute return star Tim Haywood after concerns about his activity were flagged by an internal whistleblower.
- McDonnell: fund managers must enforce tax compliance 2
- Tuesday Papers: M&A hits record after North American dealmaking spree
- Overnight Markets: US stocks mostly fall on US-China trade standoff
- Private Office Retreat: pictures from day two
- FTSE dips but Sky and Randgold jump on takeovers
- Family office strikes deal to create 'bank for millennials' 2
Liam Halligan: the eurozone is about to implode
The economist and broadcaster told the Citywire Private Office Retreat he believes a potential implosion of the eurozone is the biggest threat markets face today.
James Anderson: my great fear and hope for the next 10 years
Co-manager of Scottish Mortgage Trust says the financial world has not changed since the banking crisis but predicts the next decade will bring unprecedented upheaval in all areas of the market.
What wealth managers told clients the day Lehmans went bust
We asked wealth managers to go back in time at Citywire North as the 10-year anniversary of the Lehmans collapse approached.
Profile: UBS' new UK boss on her plans to win wealth
UBS’s wealth arm might be the fourth biggest in the UK, but it still has only 4% of the market share, says incoming boss Eva Lindholm
Pub Club with Stephen Jacques, Tilney
MPS Investment Committee: Will Dickson, P1 Investment Management
Breakfast Edition: At Dishoom with Parmenion’s Andrew Gilbert
Private Banking Insight: Liz Bottomley, Arbuthnot Latham
MPS Investment Committee: Christopher Aldous, Charles Stanley
On The Road Challenge: tackling an escape room with MCM's Nick Welsh
On The Road Challenge: Blu Family Office serve up tennis challenge to Wealth Manager
On The Road Roundup
Pub Club: At the Phoenix with Simon-Evan Cook, Premier Asset Management
MPS Investment Committee: Alex Brandreth, Brown Shipley
A round of golf with Mary Coughlan, Redmayne Bentley
Pub Club: At the Vintry with WHIreland's Lawrence Cotton & Mark Burtenshaw
MPS Investment Committee: James Penny, TAM Asset Management
Office Spotlight: UBS Wealth Management, Edinburgh
Pub Club with Andrew Davies, LGT Vestra
On The Road Diary - Postcards from Leeds....
Office Spotlight: SG Kleinwort Hambros Bank
MPS Investment Committee: Andrew Morgan, Walker Cambria
Pub Club with James Horniman, James Hambro & Partners
Investment Trust Forum 2018
Office Spotlight: Canaccord Genuity Wealth Management, Guernsey