AIM-listed wealth manager WHIreland went against the tide in 2013 when it launched and based its international presence in the Isle of Man. The wholly owned subsidiary of WHIreland Group plc licensed in 2014, has won `Best International Clients Team' in the 2016 Wealth Adviser Awards.
David Bushe (pictured), Director and Investment Manager of the Isle of Man business, explains that WHIreland's international offering is designed to combine all the benefits of superior client service with all the advantages of investing in a highly rated and regulated top-tier International Business Centre (IBC).
Headed by Will Corrin, Managing Director of the Isle of Man business, the eight strong Isle of Man team has had a hugely successful first two years which has culminated in excellent growth in its local and international client base, having contributed to a significant growth in the Group's discretionary assets under management. The firm has also widened its international distribution channels and has formed a number of strategic partnerships. This has seen the Isle of Man based team grow significantly during this time.
Corrin says: "This is an exciting time in our strategic development of accelerating the growth of our discretionary assets under management, but we're operating in a crowded marketplace and our investment performance and the team's commitment to high levels of service has won us this award".
WHIreland is a long-established, London listed financial services firm that has a regional presence across the UK. Prior to the establishment of the Isle of Man business, the firm had no international presence and today, its clients range from a minimum of GBP250,000 upwards, across multi-currency discretionary portfolios, with the average client portfolio size in excess of GBP500,000.
The Isle of Man team is made up of an investment management team consisting investment managers and administrative support, a Compliance function and part of the WHIreland Group Marketing Team who are focused on providing strategic support to the international and UK businesses.
"We have a very experienced team based in the Isle of Man and we aspire to be a leading international wealth manager where service and performance is at the core of what we do," Bushe says. He continues, "The coming years will see us continuing to strategically build our international wealth management services and develop key international distribution partnerships.
