The firm’s founders might continually roam between six countries, but the UK appears to be at the heart of the business, with the vast majority of Spectrum’s advisers and clients born and bred in the British Isles.
Speaking to International Adviser from France, one of the firm’s three founders, Michael Lodhi, mentions he is holding out for Scotsman Andy Murray to perform well this summer, particularly as the warm weather is said to be the prime climate for the tennis player.
Climate, however, seems to be no obstacle for Spectrum, having survived the global financial crisis while maintaining a solid number of IFAs, many of whom have been with the firm for an ample number of years.
Strong bond
The 45 advisers might be peppered around the Continent, working with clients based in France, Spain, Luxembourg, the Netherlands, Portugal, and Switzerland, yet Lodhi maintains that this is a close-knit army of financial planners.
“There is a certain atmosphere and a strong bond between the advisers within Spectrum and that’s very clear. Obviously that’s a good thing, but what’s more important is that we do our jobs properly,” he says.
“We are very careful with how we guide clients with their investments and their financial planning; if we do that correctly and properly then our clients will do well and be able to sleep at night, as will our advisers.”
The core members of the company – including founders Anne Ollerenshaw, Michael Lodhi, and the now semi-retired David Holmes – have known each other for over a decade, but no doubt Spectrum’s profit share system also plays a key role in its collaborative vibe, particularly as the last four years have seen the firm build up enough reserves to ensure its advisers all get a substantial piece of the pie.
