Date opened: The Aspinalls business has been operating for more than 15 years, though many client relationships span over thirty years with third and fourth generations of families benefiting from our advice.
Number in team: 12
Office clients: Private clients, families and charities
AUM: £200 million
Top fund picks:
• L&G Global Real Estate Dividend Index
• Robeco Global Conservative Equities
• Dimensional Global Small Companies
Q&A with Mike Ast, head of investment, Aspinalls, London (pictured below):
What is your typical client demographic?
As Aspinalls provides a comprehensive suite of specialist wealth management and investment services, our client base is a reflection of this. Our clients include professionals, charities, families and individuals – all with unique requirements. A point of pride is the many multi-generational family relationships we manage, which we consider testament to the quality of our offering.
What differentiates your location?
It goes without saying that London provides wealth managers with arguably unparalleled access to some of the most talented individuals and firms in the industry globally. Our offices are located in the West End, which can provide a heightened appeal to clients vis-à-vis our peers in parts of London with a more institutional ambience, such as the City or Canary Wharf.
What challenges are facing your staff?
Standard London challenges are very much applicable to us. Length and discomfort of respective commutes being an oft-quoted one in the office. Not to mention dealing with the smugness of cyclist colleagues during tube strikes!
What’s the best thing about living in your area?
I live in Southwest London, which is a fantastic area and provides a good deal of relative tranquillity and green space when compared to the hustle and bustle of more central areas. Being a competitive rower, it also allows me to live in a location which is roughly equidistant between work and my club along the Thames near Richmond. A key positive factor when it comes to living in London is the city’s diversity in terms of living, working and recreational activities.
What is a typical regional saying?
‘I’ll have a small cappuccino please.’ ‘Certainly, that will be £9.50.’
What is your office motto?
Clarity, stewardship, peace of mind.
We place a great deal more belief in strategic as opposed to tactical investment decisions and therefore remain optimistic about markets over the longer term.
Aspinalls typical balanced portfolio:
- CISI slams FCA plan to scrap Approved Persons Register 5
- 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?
- Should wealth firms consider TV advertising?
- Data protection dilemma: how to tackle Mifid II and GDPR clash
- Polar Capital's Rochussen: 'You have to be ruthless'
FTSE rallies as investors eye profits from US tax cuts
FTSE 100 and global markets rally on prospect of boost to profits from US tax cuts expected to be passed this week.
- Sunday Papers: Poundland showdown with key creditors
- Saturday Papers: Persimmon chairman quits in bonus row
- Tech veterans reject bubble warnings
- The 13 names on the FCA's 2017 naughty list 1
- Persimmon chairman quits over boss's £100m bonus 3
- EEA hits out at investor group's death bond redemption warning
French fund CEOs: 'Brexit is a lose-lose situation for all of us'
'We'll all lose out - but London is an international city, Paris is not.' Leading French asset management CEOs tell us what they think Brexit will mean for the investment business.
Henderson Eurotrust's Stevenson: dealing with European cynicism
Tim Stevenson talks about where he finds his opportunities in the current environment in Europe
Mark Barnett - part 2: why I'm not buying Lloyds
In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.
Profile: the evolution of WH Ireland through its buy list
The evolution of WH Ireland may be epitomised by the career of its research boss
Pub Club Special: On the Road Christmas Jumper Lunch 2017
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
Pub Club: at the bar with Standard Life Wealth's resident rugby star
Office Spotlight: Hargreave Hale, Llandudno
Parmenion: the perks of investing in interesting times
Investment Committee: Arnaud Gandon, Heptagon Capital
Pub Club: At the Water Poet with BMO's Kelly Prior
Office Spotlight: Brooks Macdonald, Manchester
Made in the Midlands: the growth of boutique BRI Wealth Management
Pub Club: At The Cask & Glass with PortfolioMetrix
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Office Spotlight: Casterbridge Wealth, Salisbury