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Pub Club with Andrew Davies, LGT Vestra

Pub Club with Andrew Davies, LGT Vestra

(Pictured above: Eleanor Mahmoud, left, Andrew Davies, right)

Davies does the duo: the first man to endure two Pub Clubs in two years, writes Eleanor Mahmoud. To award him with this rather magnificent title, we present him with the unofficial and somewhat unsurprising prize of…lunch and a beer.

Taking in Bristol’s harbour on this sunny day, we are fortunate to be sitting outside at Wild Beer at Wapping Wharf. A different choice of venue from his first Pub Club, yet a distinctly clear theme running through – original choice The Sheppey was home to award-winning local ales, while today’s choice boasts 22 draft beers.

We may have found a creature of habit in Andrew Davies, partner and head of the South West at LGT Vestra’s Bristol office.

Davies last met us in 2016 not long after the office had opened and he had made the move from Barclays Wealth & Investment. When I ask him what’s changed in the last two years, he jokes: ‘Well, we sleep now!’

Having recently moved into permanent offices in Bristol’s professional services hub Queen Square, the team have been busy kitting out their new office from scratch, alongside growing the business and the team.

Davies may have his hands full at LGT Vestra, but we both have our hands full over lunch. Davies with his aforementioned beer and slightly less local pulled pork tacos and me with my local cider and southern fried chicken lunch.

‘Setting up here in Bristol has been everything we wanted it to be,’ he says. ‘We’ve been humbled with the response
from clients.’

The team of four in Bristol cover a broad area geographically. Davies explains how it really spans the whole of the South West:

‘Looking at the market in Bristol, there is plenty of wealth here. We have great relationships with the community now and probably had more referrals in the first few months than others may get in a few years.’

LGT Vestra’s group assets under management have reached over £10 billion in 10 years, which Davies says is ‘pretty impressive’, but he is pleased the firm stays true to its roots.

With banking group LGT well known as being owned by the princely family of Liechtenstein, he says this family feel is maintained all the way through, tapping into the prince’s entrepreneurial flair: ‘The feel of this firm is by entrepreneurs for entrepreneurs, which is great because it allows us freedom and flexibility to be more dynamic and responsive with regards to our investment strategy. Not only that, but the firm has quite a family feel about it.’

Over lunch we discuss LGT Vestra’s alternative investment offering, a part of its service that Davies finds particularly resonates with entrepreneurial clients.

‘These direct investments engage them in a way their business did and where a more traditional portfolio may not. It is high risk but potentially very rewarding which is very attractive to someone with that character.’

GLASS HALF EMPTY:

'Finding appropriate talent - it can be difficult to find individuals with the right mindset to ensure your firm is positioned to capitalise on opportunities. Training and developing your team to create new talent is therefore vital.'

GLASS HALF FULL:

'Operating in a world of opportunity - working in such a fast paced environment against an ever evolving backdrop of new technologies, regulations and most importantly people, is both exciting and rewarding.'

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