Date opened: 2003
Number in team: 8
Assets under management: £130million
Bullish/Bearish: Moderately bullish
Number of clients: 400+
Average portfolio size: £400,000
Top stock and fund picks:
1. Finsbury Growth & Income Trust
2. Fundsmith Equity fund
3. Legg Mason Japan Equity fund
Q&A with William Forsyth, investment manager and principal, Charlotte Square, Edinburgh (picture below):
What is your typical client demographic?
Corporate clients, individuals and families who have built up their pension pot, which they want us to make work for them – to optimise income and capital growth opportunities in line with their current commitments and future plans.
What differentiates your region?
Edinburgh is blessed with great access to fund managers and company management, while not having the occasionally frantic feel of London life. This creates a great work-life balance and helps private wealth managers to provide a more personalised and relaxed service to customers, while maintaining strong expertise.
What challenges are facing your local area?
It is difficult to talk about challenges facing Edinburgh without talking about the potential second independence referendum. The financial services community in Edinburgh is understandably nervous about this as it has a heavy reliance on customers in the rest of the UK.
What’s the best thing about living in your region?
Edinburgh is one of the world’s most beautiful cities with hills and beaches on our doorstep. This is why the typical Edinburgh resident is a strong advocate of global warming.
What is a typical regional saying in Edinburgh?
‘You’ll have had your tea then.’
What is your office motto?
Never forgive, never forget…
Charlotte Square typical balanced portfolio:
- A fresh start: what it takes to set up a wealth boutique
- The perils of 10% portfolio falls reporting 3
- Mifid II crossroads – a fair price for research?
- Shrimp wars: the Indian commodity that could get caught in the net
- Predicting the future: a problem in asset management
- Surprise at Mifid II ‘bill shock’ warning
- Cohen & Steers: rate misconception masking Reits opportunity
Serbia: ‘The role model for reforms’
Neuberger Berman's Rob Drijkoningen discusses the countries undergoing reforms that are powering his portfolio.
BNY Mellon Investment ManagementHorror on the high street: ‘Experiences over things’ revs up retail apocalypse
- Overnight Markets: US stocks slide amid rising bond yields
- Bookies slump as £2 stake limit on terminals looms
- Tilney appoints ex Schroders exec to board
- Numis questions Woodford’s controls after Prothena blow
- Regional stars: 10 of our best Scottish wealth profiles - part 2
- Insight's Waddington reveals infrastructure plays post-Carillion
Insight's Waddington reveals infrastructure plays post-Carillion
Post-Carillion Steve Waddington is still finding attractive plays in infrastructure.
Mark Stevenson: oil is the dumbest place to put your money
Futurist Mark Stevenson says that investing in oil is not just a risk to the environment but also your investment.
Boutique tapes: my business will never be sold
In the final part of our four part series we discuss consolidation and whether it's getting tougher for boutiques to survive.
Profile: how this boutique beat the big guns of wealth
This small west country offshoot of a local IFA scooped a 2018 Citywire award from beneath the noses of the national challengers
Former Walker Crips wealth manager proud to celebrate Best Beginnings' 10th Anniversary
MPS Investment Committee: Jonathan Webster-Smith, Brooks Macdonald
A day in the life of... Psigma Investment Management's Peter Seamer
Sorbus Partners – the multi-family office taking off in the Midlands
Podcast: Walking with Wealth Managers - Standard Life Wealth's Aidan Butler
Meet Wealth Manager's latest recruit: Alex Foster
MPS Investment Committee: James Horniman, James Hambro & Partners
Office Spotlight: Cazenove Capital, Edinburgh
Pub Club: At The Kings Store with Standard Life Wealth CIO John Hair
MPS Investment Committee: Gill Lakin, Brompton Asset Management
On the Road diary...in Manchester
Office Spotlight: TAMAC, Salisbury
Podcast: Walking with Wealth Managers - Greg Mahon of Rathbones
Pub Club: At Ye Grapes with Connor Broadley’s James Connor and Chris Wyllie
Office Spotlight: Rathbones, Winchester
MPS Investment Committee: Barry Cowen, Sanlam FOUR
MPS Investment Committee: Piers Cushing, Plurimi Wealth
Office Spotlight: Quilter Cheviot, Belfast
Walking with Wealth Managers: Lorne Baring of B Capital
Pub Club: At Shakespeare's Globe with Sanlam's Cynthia Bowring
Wealth managers and IFAs join forces for the 'Girls Speak Out' appeal