TPO announces strategic investment partnership with Pacific Asset Management

Independent national advice firm, The Private Office (TPO), today announces a major new partnership with Pacific Asset Management (PAM), following an extensive review of investment solutions for its large and diverse client base. 

Founded in 2016 and headquartered in London, PAM is an independent asset manager responsible for over £5.2bn of assets. PAM has been selected as the core investment partner to power a range of discretionary investment solutions for TPO clients, valued at in excess of £1.35 bn. 

Over the last five years, TPO has seen significant organic growth and its discretionary investment solutions have expanded from £100 million to over £1.35bn today. This growth in scale has enabled TPO to access additional enhancements and expertise to meet clients’ financial goals as tax efficiently as possible. 

PAM’s unique portfolio construction and investment expertise utilises the full breadth of the asset management spectrum across asset classes as well as active, passive and smart beta strategies depending on the view of the manager and the stage of the investment cycle. 

Stuart Phillips, CEO at The Private Office commented:

“Pacific Asset Management brings a significant additional level of investment research, expertise and capability, which we believe will provide material benefits to all our clients. I am very excited about the progression of our service and the appointment of PAM who we have found to be an extremely high calibre team with a strong track record of proactively managing portfolios. They are also a great cultural fit and I believe that together, our investment proposition can improve outcomes for TPO clients, and gives an extremely compelling solution.” 

Phillips continued:

“PAM’s best in class technology-driven solutions and expert team complement our commitment to delivering innovative and tailored financial services, built on exceptional client data and a leading-edge technology platform. Together, we look forward to building lasting financial success for our clients.” 

Matthew Lamb, CEO at Pacific Asset Management commented: 

“The Private Office has an enviable reputation. We are not only hugely excited to be working with the team but also immensely proud to be associated with such a prestigious brand. I have known the management team at TPO for a number of years and have always been amazed by their unrelenting focus on innovation and technology. TPO are moving the advice industry forward for the sole purpose of giving their clients the best possible outcomes. At PAM we have always argued that the asset management industry needs to do the same; we are a technology-enabled solutions, not product focused, business and we are excited about what PAM can learn from working with the entire TPO team.” 

Matthew Lamb continued: 

“An asset management business that doesn’t understand the evolving needs of the consumer will always be challenged. I truly believe this strategic relationship will ensure both PAM and TPO can continue to learn and innovate long into the future”.