I wanted to share with you my reflections on 2022, and ambitions for the year ahead.
While it’s never been quiet for our business, last year was undoubtedly the biggest year for us to date.
In 2022 we became a part of LGT. This has allowed us to maintain the private ownership structure which has been key to our success. Being a part of LGT also gives us the scale and resources to build new capability and enhance the services we offer.
Maintaining our private ownership structure means we take a long-term approach to building our business and our client relationships, rather than reacting to the ups and downs of the economic environment.
As a part of LGT, we have also changed our name, the way we look, our website and launched a major campaign to share what makes us unique in the Australian private wealth market.
Late last year, we launched the first example of bringing new capability from LGT to our clients - with the new LGT Crestone Lombard Facility. This flexible multi-currency margin loan service allows our clients to leverage portfolios, giving access to liquidity when you need it and the ability to manage capital gains events.
I trust for those of you who have now moved from our previous lending solution – you’re already seeing the benefits of our in-house credit team with better reporting and quicker decisioning.
2023 promises to be equally exciting.
Over the Christmas break we have moved our Melbourne office to a new location at 101 Collins Street, and increased the capacity of our Sydney office in Chifley Tower. This reflects the growth of our business, and for those of you in Melbourne I’m looking forward to hosting you in our new office sometime soon.
We will continue to strengthen our service offering this year with additional new capability from LGT.
For instance, we will be expanding on the margin lending facility to deliver a more comprehensive and tailored lending service to our clients.
I’d like to thank those of you who completed our first client survey last year. To help us continue to enhance our service to you, you’ll have the opportunity to participate in a more detailed questionnaire from us in the months to come. We think this is the best way for us to prioritise areas for continued development and improvement, reflecting our commitment to be the leading private wealth firm in Australia.
While 2023 continues to bring growth and momentum, I’d like to take the opportunity to thank you once again for your business. We don’t take for granted the faith and trust you place in us every day, and we are grateful for the role we play in helping you grow and protect your wealth for generations to come.
