Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

The next generation: Stephen Quick, Rathbones

The next generation: Stephen Quick, Rathbones

At Wealth Manager, we are not shy of promoting the bright young things of the industry. With this in mind, Steve Plowman met Rathbones’ Stephen Quick to continue charting the progress of wealth management’s next generation.

Why did you want to get into investment management as a profession?  

I initially started to take an interest in finance while at school and I then went on to study economics at university. I found financial markets fascinating and wanted to learn about how they worked.

Fundamentally, I wanted to understand the art of investing. Investment management fitted the bill perfectly.  

What do you think wealth management firms could offer to younger clients that they do not already?

Younger clients have very different needs to older clients and wealth management firms are embracing the demands of the next generation of investors.

For many clients new to investing, their early experience will often come through ISAs. The new Lifetime ISA could act as a catalyst to introduce many young individuals to investments for the first time. It is crucial to help educate younger inexperienced investors and the industry now dedicates a lot of resources to this area.

How do you expect your role to develop over the coming years?  

I expect my day-to-day role of investment manager will stay relatively the same over the coming years. The natural progression is for my client base to keep growing in size and I will form more professional relationships. Ultimately, I very much enjoy looking after my clients and their portfolios and will continue to do so.

How do you expect the industry to develop over the coming years?

The industry is advancing at an impressive pace and I have no doubt this will continue. Not only is new technology allowing firms to become much more efficient at investing, it is also allowing us to engage better with our clients.

Clients can now access portfolio information how and when they want online and I envisage the industry moving closer and closer to full transparency; clients will benefit from increasing industry competition and flexibility.

Watch out for… 

Citywire’s Next Generation Forum: this new event will bring together the up and coming wave of the investment management and advisory communities on 22 June in London. Make sure you get the date in your diaries so you don’t miss out! For more information on this event, please contact Libby on lashby@citywire.co.uk

Citywire’s Top 30 under 30 2017 will be announced in the magazine towards the end of May, so do keep an eye out to see who has made it onto this year’s list.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
CIO Tapes 2: two warnings and a lot of optimism

CIO Tapes 2: two warnings and a lot of optimism

Our group of leading asset management CIOs see a lot of opportunities – and overseas investors are buying UK too

Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Read More
Your Business: Cover Star Club

Profile: Thomas Miller explains its post-restructure plans

Profile: Thomas Miller explains its post-restructure plans

Thomas Miller Investment’s (TMI) head of wealth Matt Phillips has strong opinions about many things

Wealth Manager on Twitter