Year office opened: 2018
Number of staff: 5
Assets under management (group): £11.9bn
Top three fund picks:
Merian Global Investors UK Dynamic Equity
Q&A with Pam Beith, investment management director and head of office, Brooks Macdonald, Bury St Edmunds
What is your typical client demographic?
We work predominantly with the independent financial adviser community across the region, as well as with other professional advisers, such as lawyers and accountants, on behalf of their clients. We manage bespoke portfolios for investors with a minimum initial investment of £250,000.
What challenges are facing your local area?
The industry is extremely competitive, and we aim to continue to provide an outstanding service to our clients, enhancing our service offering and adapting to the fast-changing regulatory landscape. Since opening for business in October 2018, we have already been appointed by a number of clients in East Anglia, and we believe that the region presents significant new business opportunities. We are still a relatively small office, but the intention is to grow. You just need the right individuals, and we haven’t had any difficulty so far in attracting and retaining talent.
Bullish or bearish? Cautiously optimistic.
What differentiates your region?
Bury St Edmunds is a thriving town and is a very friendly place to work. It also has a well-established business presence, including a number of professional and financial advisers whom we hope to work with. East Anglia gives us a good gateway to the east coast, and it is still very easy to access the capital.
What is the best thing about living in your region?
We are surrounded by beautiful countryside, and Bury St Edmunds itself is steeped in history, offering wonderful architecture, including the ancient abbey ruins and the cathedral’s tower. It is only 35 minutes from Cambridge, just under an hour from the Suffolk coast and just over 90 minutes from London.
What is a typical saying in your region?
‘There’s a hold-up on the A14!’
What is your office motto? There is no “I” in “TEAM”
Asset allocation chart of a typical 'balanced' portfolio: