In Salford since: 1830
Number in team: 12
Assets under management (group): £3.1 billion
Are you bullish or bearish? Equity markets are looking fully valued at present
Top 3 fund picks:
• CF Lindsell Train UK Equity
• Threadneedle UK Equity Income
• Jupiter European
Q&A with Robert Race, head of wealth management, WH Ireland, Manchester
What is your typical client demographic?
We work with a broad range of clients including private individuals and their advisers, corporates, trusts and charities, where appropriate. Typically investors with an excess of £250,000 will benefit from our discretionary investment management services with regular face-to-face meetings to discuss strategy and returns, while keeping their portfolio tailored for their financial goals.
What differentiates your location?
The North West has a long history of entrepreneurship among both the business and professional services communities. There is a huge untapped potential across the region which has already become home to centres of excellence for industries, such as science. If the North of England was a country, it would be among the biggest economies in the Europe. We are proud to have had a presence in here spanning two centuries and a thorough understanding of what our local clients’ requirements are.
What challenges are facing your area?
The poor road and rail infrastructure across the North of England in particular. The Northern Powerhouse government initiative looks to address some of the challenges we face. WH Ireland is committed to Manchester and the North West. We believe we are best placed to take full advantage of the regional developments planned for the coming years.
What’s the best thing about living in your area?
Manchester has a population of over 2.5 million people which gives the city an exciting, cultural vibe. Our restaurant scene is booming with new bars and restaurants opening at a rate that rivals London. There are a plethora of thriving high quality museums, theatres and arts venues, and we’re extremely lucky to have easy access to the beautiful and unspoilt countryside nearby, such as the Peak and Lake Districts.
What’s a typical regional saying?
‘He’s not behind the door, is he?’ Meaning he’s no fool or no shrinking violet.
What is your office motto?
To build long-term relationships, based upon trust, by placing our clients’ needs at the centre of everything we do. By doing so, we are best placed to provide timely, bespoke and helpful advice to a diverse range of clients.
Asset allocation of a typical balanced portfolio:
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- 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'
Artemis hires Polar Capital partner for equity team
Andy Marsh will join the team in February 2018
- Quilter Cheviot: the 15 funds which delivered for us in 2017
- Hugh Yarrow: how Compass navigated its way into my top stocks
- Carthew: the fliers and flops of the trust class of 2017
- Henderson Eurotrust's Stevenson: dealing with European cynicism
- The Expert View: TalkTalk, Berkeley and Rightmove
- Tuesday Papers: Europeans issue warning to Trump on tax overhaul
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.
Wealth managers reveal the best investment ideas of the year
From robotics to impact investing, wealth managers share the best ideas they have heard this year.
Baillie Gifford's Earnshaw on Xi Jinping's 'new era'
Sophie Earnshaw talks through what Xi Jinping's 'new era' means for investors. and why Chinese tech offers some of best growth stocks in the world.
Profile: JM Finn on why the future is with financial planners
There is a lot of work on pension consolidation and Sipps have been a big driver there, says JM Finn chief executive
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
Coutts celebrate opening of Rwanda cricket ground
Office Spotlight: Casterbridge Wealth, Salisbury
Citigold client events with a difference
Investment Committee: Gary Stockdale, Vertem Asset Management
Pub Club: at the Oast House with Investec W&I Manchester head
Office Spotlight: Brewin Dolphin, Bristol
Investment Committee: Murray Asset Management keeping the consumer confident