A philosophy for growth:
intimacy and scale
Growth inevitably changes the dynamics of any organisation as it moves through the stages of a successful evolution. While we accept that a private bank with a commercial appetite will never retain the closeness of a tied family office, we relish the challenges of success – how to retain the integrity of our philosophy and market attitudes, how to capture the benefits of scale without compromising the intimacy of our relationships. Our solution addresses these issues directly, to ensure that we continue to operate a culture that remains both uniquely attractive to talented employees and absolutely dedicated to performance on behalf of our clients. We have avoided following a merger and acquisition route that would present us with the mixed benefits of inorganic growth, instead preferring to ally our interests with like minded individuals in enterprises that naturally extend our expertise, and forming with them joint ventures that broaden our offer without diluting our capacity to fulfil it. At the same time we have developed an internal structure that enables us to replicate the entrepreneurial spirit of the bank’s senior partners within its diversified business units. Stringent hiring criteria and carefully balanced remuneration structures mean that we grow with individuals whose sense of teamwork complements their individual efforts to excel. We reward merit not only in material terms, but also with the ability to develop a business unit customised to the style or approach of the individuals involved. As we grow, we understand that each business unit will not retain close operational ties with every other one. But in the certainty of a strong overall cultural fit, and of performance guaranteed by careful oversight, we believe that individual business units will contribute to an aggregate of benefits to be shared by all associates of the bank, employee and client alike.