Philip’s Comments

Leading North Devon Wealth Manager and Independent Financial Advisory Firm Philip J Milton & Company Plc is delighted to have been appointed to be responsible for managing a further £55Million on behalf of over 1,600 new individual investors. This follows the suspension of the previous London-based investment manager by the Financial Conduct Authority (FCA) in early December. Whilst the Firm was not looking specifically at this stage to increase its responsibilities in this direction, it was contacted in view of its connections, stability, trust and reputation over the thirty-three years of the Firm’s existence.

Philip’s Comments

Still, this may cheer you all little. An interesting article in the Remain-focused Financial Times on 6 December noted that a strong focus on office space was confounding the pessimists. It refers to the old BT HQ where the incumbent buyer will have very significant costs of refurbishment to find when the present occupant vacates in the next three years. Priced at £200million, there were more than ten bidders with several well over the asking price and many from overseas’ climes and those looking through the short-term uncertainties from ‘Brexit’.