The CHESHIRE Magazine | Promotion
25 Years of Quilter in Manchester
David Rothburn, head of office, reflects on the past 25 years of Quilter Cheviot in Manchester, but focuses on the future
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t is with pleasure and pride that we celebrate Quilter Cheviot Manchester office’s 25th anniversary this year. So much has happened over that time, and so much has changed, yet our ethos remains the same - building long-term relationships with clients and their advisers using our disciplined investment process to provide bespoke investment solutions. We opened our Manchester office in July 1993. The timing seemed inauspicious: there had been the global stock market recession which began in 1987 (Black Monday) and the crisis of 1992, when sterling was forced out of the European Exchange Rate Mechanism (Black Wednesday). The property market was suffering from negative equity. All were good reasons for people to be nervous about investing their wealth. But actually, the UK economy was coming out of recession, and heading into a long run of positive growth that lasted until the dot com crash in March 2000. In hindsight, therefore, our new venture was well timed. The company has been through a number of changes. In 1993, we were known as Quilter Goodison, a stockbroker with a pedigree going back to 1771. Since then the company has been through a number of owners, and merged with Cheviot Asset Management in 2013, when we became Quilter Cheviot. Today, Quilter Cheviot has a national network of offices, including offices in Dublin, Jersey and a representative office in Dubai, managing £23bn of
assets (as at 31 December 2017). We work closely with adviser firms big and small, as well as accountants, solicitors and other professionals to create bespoke financial solutions for a range of clients, including private individuals, families, corporates, charities and foundations. One of the reasons for our continued growth over the years is the city of Manchester itself. Arguably, it is the second city of the UK. It has the largest regional airport in the UK, a significant number of legal and accountancy firms, Londonstyle property prices and (at time of writing) the top two teams in English football. Just as Manchester continues to grow - it has an impressive ‘crane count’ - so does our team. Since we opened our offices, the number of permanent staff has more than doubled, and we are expanding to handle the growing number of clients. We also have a number of consultants working with us in different capacities: for example, Kate Baldwin has been driving our Dementia Initiative, a campaign to make Quilter Cheviot a dementia-friendly business, working to raise awareness of the disease across the financial services sector and beyond. From the original team of six employees, two are still with us today: Tim Timotheou (who now works at the Liverpool Office) and myself. Growth means change, but for us it also means continuity. To find out more about Quilter Cheviot and how we might help with your investments, please contact our Manchester office on 0161 832 9979
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