Date opened: 2015
Office clients: 345
Average portfolio size: £310k
Bullish/bearish: Cautious – some pockets of value out there
Assets under management: £107 million
Number in team: 5
Top stock and fund picks:
1. Jupiter Strategic Bond
2. Pacific Assets Trust
3. Pictet Robotics fund
Q&A with Paul Pearce, investment director, Hargreave Hale, Norwich.
What is your typical client demographic?
We serve a wide range of clients from diverse backgrounds. The majority of them are retirees with successful careers behind them.
What differentiates your region?
Big open skies and no motorways. While we do not necessarily have the most dramatic coastline, dunes and the wildlife gives a chance to get up close to creatures such as seals.
Not being able to get around Norfolk too rapidly by road, whilst occasionally frustrating, does also offer the chance to serenely enjoy your surroundings.
What challenges are facing your local area?
Potential Brexit impact on farming and scientific development. The increase in the living wage on the labour intensive nature of farming will increase business costs.
The uncertainty surrounding the terms of Brexit will be inconvenient for future planning. The same is true for Norfolk’s burgeoning science community; the more certainty we can have on continuing cross-Europe research and development co-operation, the better.
What’s the best thing about living in your region?
Countryside – you are rarely more than 10 minutes from pure tranquillity. Those ‘get away from it all’ moments are only ever a stone’s throw away.
What is a typical regional saying?
‘Keep yew a troshin’. (Look after yourself)
What is your office motto?
‘Clients come first.