Year office opened: 1992
Number of staff: 20
Assets under management: £2.4 bn
Number of clients: 2,250
Average portfolio size: £250,000
Top fund picks:
- Newton Global Income
A defensively managed fund, built around long term themes. This fund is likely to be resilient in difficult markets.
- Threadneedle UK Equity Income
A value orientated fund with an experienced manager. Long term, the process has delivered good results.
The fund is currently yielding 4.3%.
- International Public Partnerships (investment trust)
A globally diversified fund invested in physical infrastructure. It provides a very secure income stream via long term contracts and is currently yielding 4.5%.
Q&A with Ollie Cowell, director of stockbroking, Rowan Dartington, Bristol (pictured below)
What is your typical client demographic?
We don’t have a typical client demographic as such. We have clients ranging from city professionals, small business owners, high net worth clients and families. We work closely with partners from St James’s Place.
What differentiates your region?
The majority of central functions are run out of the Bristol head office. This includes the stockbroking floor, the discretionary managed team and centralised research team among others. Everyone can communicate face-to-face, which helps us build stronger relationships and enables us to deliver a first class service. The structure we have also backs up our operating model of centrally run services that are rolled out globally, but still retain a personal service with a local investment manager.
What challenges are facing your local area?
Nationally, we have issues with Brexit which can cause uncertainty with clients and make businesses hesitant to invest. This affects Bristol as its economic make up is very similar to the rest of the UK’s with its mix of private and public businesses.
What is the best thing about living in your region?
I’m originally from Bristol but I have spent a lot of my career in London, so it’s good to be back having the countryside on my doorstep and being close to my family again.
Bullish or bearish?
It’s pretty hard to be bullish right now, and although Brexit is very much a UK event, slowing global growth, trade wars and political populism don’t make for a great combination globally. That said, the US economy is still thriving, and the Fed has some firepower should it be needed to provide stimulation. The rest of the world is in a less robust position as interest rates are already very low. So we are not expecting markets to regain lost ground any time soon.
What is your office motto?
Put the client first and always do the right thing.