End of Year Message
As the festive season and year-end approach, we wanted to take a moment to share some thoughts and updates, including some news from Carrington.
Firstly, we would like to welcome Olivia to the team.
Liv joined us a couple of months ago as part of the client relationship team. Having jumped right in, I’m sure some of you will have had the pleasure of speaking to or dealing with her.
Bright and bubbly, Liv has slotted right in bringing her efficiency, experience and friendliness to the team.
And if that’s not enough, when she’s not in the office, she has been training full time for her first Hyrox competition, which she completed at the end of November, in support of MacMillan charity. Well done, Liv!
MOVING ON UP…
A core part of our culture is supporting the team to develop and achieve their professional goals.
In saying that, we are delighted to announce that Oly Voice is now a fully authorised Financial Adviser. This achievement is a testament to his dedication and hard work.
Oly will be working closely with our existing clients, providing expert planning advice, whilst continuing to deliver the high standard of service they have come to expect. Additionally, he will focus on growing his own client base, further enhancing our firm’s reach and impact. Please join us in congratulating Oly on this well-deserved milestone in his career!
READ ALL ABOUT IT – THE CLUB MAGAZINE
Our latest edition of the Carrington Club magazine has gone down a treat this year.
It features a wealth of compelling articles exploring the concept of legacy—how to create it, preserve it, and ensure it endures. Covering topics from inheritance tax planning to intergenerational wealth transfer, this volume should have something for the whole family.
To read our digital copy click HERE.
ADDING TO THE TROPHY CABINET!
A great way to end the year, we’re thrilled to share that we’ve been named a New Model Adviser Top 100 Adviser firm for 2024, marking our ninth consecutive year on the list. It’s a meaningful recognition of our ongoing efforts to evolve, innovate, and remain at the top of our game!
We’re equally proud to have been included in the Financial Times’ Top 100 Financial Adviser firms this year. This award is unique as winners are selected based on a scoring system across various factors, using data from a third-party leading analytics and insights provider. We are honoured to be included in the 2024 list!
A QUICK MARKET ROUND UP
2024 turned out to be a great year for global markets, despite plenty of nerves at the start. With worries about high interest rates, global elections, and the possibility of a recession, many expected a tough year. But instead, we’ve seen strong performance across a variety of sectors.
A big reason for the optimism? The rapid rise of artificial intelligence (AI). U.S. tech companies have been pouring billions into AI, and it’s paying off—boosting productivity and driving economic growth. This wave of innovation has helped major economies sidestep recessions and kept investor sentiment strong.
Gold and Bitcoin also made headlines:
- Gold: Central banks, especially in Asia, have been buying gold aggressively to shore up reserves. After the Russia-Ukraine conflict highlighted the risks of foreign-held assets, countries like China have turned to gold as a safe store of wealth.
- Bitcoin: Bitcoin had a standout year, with renewed interest sparked by policy shifts in the U.S. Trump’s proposal for a federal Bitcoin reserve brought a surge in investment, putting Bitcoin funds in competition with gold funds for dominance.
Inflation has come back under control, and central banks are easing interest rates, creating a more stable economic backdrop. While challenges remain, like stretched valuations and geopolitical uncertainties, there’s been a noticeable return of confidence in markets this year.
Looking ahead, 2025 will likely bring new opportunities—and a fresh set of challenges—but for now, the year closes on a much brighter note than expected.
For a comprehensive recap of 2024 and our outlook for the year ahead, keep an eye out for our Investment Commentary, coming in early January. Additionally, join Mo and Lucas at 12h30 on 13th January for our live Market Insights webinar.
They will be joined by guest speaker, Anna Rosenberg, Head of Geopolitics at Amundi Investment Institute. With a proven track record of guiding businesses through geopolitical complexities, Anna plays a pivotal role in helping Amundi and its clients navigate global investment challenges. The session promises to be highly engaging, with discussion points covering the incoming Trump administration, the conflicts in the Middle East, and the ongoing Russia/ Ukraine war. To join us, please register HERE.
CHRISTMAS OFFICE HOURS
The office will close this year on Friday, 20th December 2024 and re-open on Thursday 2nd January 2025.
Finally, as the festive season approaches, we understand that this time of year can hold different meanings for everyone. Please know that we are thinking of you and appreciate your support throughout the past year. We look forward to continuing our work together in the year ahead and wish you peace, health, and happiness in the coming months.
