Date the office opened?
May 2006 as Atkinson Bolton Consulting. In July 2013 it became part of the Mattioli Woods Group.
Across the group we have £7.5 bn, c. £940m of which is in discretionary portfolios managed between Newmarket and Leicester.
How many people in the team?
The investment team is nine strong in Newmarket and totals 22 across the group.
Bullish or bearish?
Cautiously optimistic, but definitely short-term more bearish – 2017 looks to be full of potential banana skins.
Average portfolio size?
Approximately £500,000 and growing.
How many clients has the office got?
This office has 485 wealth management clients. Mattioli Woods has around 4,900 direct WM clients.
Top 3 funds picks?
We, of course, love CREIT and the Mattioli Woods Structured Products Fund. As for three others, we like Polar Capital Healthcare Opportunities, Fidelity UK Opportunities and Baillie Gifford Japanese. We do like physical gold too, for an ETF.
Q&A with Simon Gibson, chief investment officer of Mattioli Woods.
A typical client demographic?
In this region, professional and retired professional, age groups ranging from 20s to 90s, with the integration of financial planning and asset management a key element of what we do for private clients.
What differentiates your region?
We feel that we are in a really ideal location – we have Cambridge and Silicon Fen on our doorstep, good road and rail links, meaning we can be in central London in a little over an hour. We also benefit from a great environment, surrounded by green and with amazing opportunities for investment professionals in our office location.
What challenges are facing your local area?
Having said the above, infrastructure.
What’s the best thing about living on the Suffolk/Cambridgeshire border?
The combination of urban and rural – it really is a great place to be.
What is a typical regional saying in your region?
In Newmarket in particular, various cries emanate on a daily basis from the turf accountants who dominate the High Street. The only one we can repeat is probably “Come on my son!”
What is your office motto?
In Newmarket, we have for many years worked on creating and preserving wealth, which pretty much covers what we do. Our investment motto is conviction with agility.