GBIM Takes on New Staff
It is not all doom and gloom in the investment world. There is good news from Gore Browne Investment Management (GBIM), the private client asset manager who opened a new office in Harrogate in August. It is still recruiting new staff to help with its growing business.
Anna Godfrey, a law graduate from Leeds University, joined the GBIM team in Harrogate on 1st December.
'In these uncertain times investors look for a safe pair of hands,' says Harrogate director Mark Arkwright. 'GBIM's experience of bear markets, good investment performance and our transparent charging structure are all attracting new clients to the business. I am delighted to welcome Anna Godfrey on board. Having worked in the legal world for some time she has considerable experience in looking after private clients. It is their interests that we take pride in always putting first.'
GBIM was established in 2004 in Salisbury by a number of ex-Cazenove and private banking partners. Against a background of increasingly 'business driven' investment managers, its founding philosophy was to provide personal attention and avoid conflicts of interest. An unusual aspect of the GBIM business is that they charge no dealing commissions or other transaction or trail fees.
'We believe that clients and their professional advisers find our approach of sitting on the same side of the table as themselves refreshing,' says founding partner Bertie Gore Browne. 'Nowadays, you all too often hear the 'personal attention' mantra from managers who then structure themselves and their charges to have completely the opposite effect. You cannot be acting exclusively in your clients' interests if you charge dealing commissions, or put them into in-house funds. It is self evident.'