When asked to name a precious heirloom, you are more likely to think of an antique or a work of art than an investment portfolio of stocks and shares. But Tom Scarborough, an investment manager at Charles Stanley Wealth Managers, explains why investments can be a similarly appropriate heirloom to pass from one generation to the next — and how, like a valuable antique or work of art, they need similarly careful handling.
What is your approach to managing investments for the long term?
We spend time with each client to get a clear picture of longterm goals and then build a sustainable portfolio that reflects both the client’s requirements and appetite for risk.
What benefits do managed investments offer future generations?
As well as increasing capital, managed investments can also offer income, which can be particularly important to help fund costs such as school fees, weddings and potentially long-term care, as well as creating financial security for children and grandchildren.
How do investments differ from a physical heirloom?
Although not a tangible item that can be displayed and admired, the financial stability that investments can provide is priceless. Much like an heirloom, investment portfolios can be passed down through generations. They also have the advantage of providing benefit to the current owner if needed, either through the generation of income or by the availability of capital.
Charles Stanley was founded in 1792 – what has been the key to its enduring success?
Managing wealth for successive generations is a key element in our success. We’ve achieved this through our autonomous investment approach, which can be tailored to the individual needs of every member of a family.
The world has changed a great deal since then and continues to do so. How do you address the opportunities and challenges of a fast-moving world?
Because markets and economic climate can change rapidly, we employ the services of expert commentators and strategists, who take a global view and allow us to apply a tactical approach to both opportunities and challenges. Embracing the possibilities of new technology has also helped us to evolve our business, notably in the way in which we interact with our clients.
Charles Stanley is known for the personalised service it offers. Why is this important?
We avoid pigeonholing clients with a ‘one size fits all’ solution. Taking the time to understanding our clients’ specific requirements allows us to agree a nuanced strategy that can be altered at any time to reflect changes in circumstance or plans for the future.
For further information about Charles Stanley Wealth Managers’ services, please call 020–3553 7281 or visit www.charles-stanley.co.uk
The value of investments can fall as well as rise. Investors may get back less than invested.
Charles Stanley Wealth Managers is a trading name of Charles Stanley & Co. Limited, which is authorised and regulated by the Financial Conduct Authority. A member of the London Stock Exchange and a wholly owned subsidiary of Charles Stanley Group PLC.
-
If the future of Ferrari is electric vehicles, then it is our future tooIt's widely believed that Ferrari will unveil its first electric car this year. It's the signal that the internal combustion era is coming to an end.
-
Gaze over Cap Ferrat in this four-bedroom French villaIgnore the wind and the rain. Imagine yourself in this hillside home with some of the best views the Mediterranean can offer.
-
G. Collins & Sons: Experts in the exquisiteG. Collins & Sons has been a beacon of experience and expertise in the world of fine jewellery for the past 40 years.
-
FREYWILLE: Works of artFamous paintings by some of the greatest artists the world has ever seen are the inspiration behind exquisite new collections created by jeweller FREYWILLE.
-
Nicholsons Garden Design: Intuitive design with climate and Nature in mindGardens that support Nature are beautiful, says RHS judge Liz Nicholson, managing director of Nicholsons Garden Design, which green-audits the 2024 Chelsea Flower Show.
-
The Welsh WaySustainable, ethical and unmatched for taste, Welsh Lamb is as good as meat gets.
-
Discover why the Cotswolds continues to be England’s favourite area to live — and how it appeals to all generationsWith miles of cobbled streets lined with historic houses, you'll find celebrated farm shops, buzzing private members’ clubs and quintessential country style in abundance in the Cotswolds — so it's easy to see why so many people are making the move to call the Cotswolds home.
-
Tetrad's fine furniture: Traditional craft and timeless styles since 1968For over 50 years, Tetrad has been making fine British upholstery to the highest standards.
-
Dior's Touch of FrostThe first sprinkling of frost heralds that winter is on its way. Here, we showcase Dior’s exquisite jewellery and accessories hidden in a winter garden, each drawing inspiration from Nature, especially roses — magical in the icy months and the perfect adornment for the festive season.
-
How R Moulding & Co use their 224 years of experience to create and restore some of Britain's most beautiful housesThe purpose of the best restoration projects is not to turn back the clock. Instead, it’s an exciting opportunity to create beautiful buildings that are resilient, comfortable and sustainable, offering the best of old and new, says Tim Moulding, of traditional builders and craftspeople R Moulding & Co.
