As part of our Meet the Bank series, we find out more about our partner banks, and hear more about their values, the challenges they face, and what makes them different.
About Brown Shipley
Brown Shipley is a UK authorised private bank with over 200 years of experience, offering fully integrated wealth planning, investment management* and lending services subject to status. Brown Shipley is part of Quintet Private Bank (Europe), a group of boutique private banks and wealth managers operating across over 50 European cities. Being part of Quintet expands our scale, security and adds a truly global outlook to our already strong foundations.
*Investing puts your capital at risk
🕰️ Established in: 1810
🏠 Based in: London, UK
🏢 Offices: London, Manchester, Leeds, Birmingham, Cambridge, Norwich, Nottingham, Edinburgh
🧍♂️ Number of employees: 350
❤️ Raisin UK partner since: 2021
· IFCA Awards – 2021 – Quintet named Private Bank of the Year – Europe
· Yorkshire Financial Awards – 2021 – Director of the Year
· The Wealth Net – 2020 – Top Financial Planning Companies
· Credit Provider – 2019 – 2020 – Wealth Briefing European Best UK Private Bank
🦮 Charity work:
Quintet is proud to have a partnership with the West-Eastern Divan Orchestra. Led by Maestro Daniel Barenboim, the orchestra performs at the world’s most prestigious festivals and concert halls. It brings together the most talented young musicians from the Middle East and was designated as a UN Global Advocate for Cultural Understanding in 2016.
Our partnership is based on a shared belief that purpose, passion and meaning are the fundamental building blocks of a Richer Life.
What makes your bank unique?
We’re a UK based private bank with a long heritage of looking after clients, since 1810. We have the backing and access to a broad skillset of colleagues across Europe through our parent company, Quintet Private Bank.
What are your bank’s core values?
- We always put our clients first
- We focus on the relationship not the transaction
- We tell the truth
- We listen first and speak later
What are the biggest changes and challenges that your bank has faced in the last two years?
Covid has proved to be a challenge for most firms. Brown Shipley has successfully and swiftly adapted our working practices to ensure our clients have continued to experience the same levels of service.
What are the benefits of your bank working with Raisin UK?
It gives us an opportunity to work with and raise deposits from an established platform provider and to attract funds from a different client base.
What new trends in banking and finance do you predict we will see in the next 12 months?
Increased digitisation and potentially new entrants to the market such as the large tech firms diversifying into banking and finance.
What are some key achievements of the last three years that you are most proud of?
We signed up to the Women in Finance Charter in January 2018, and at that time, we had 18% female senior management representation. Our continued focus on gender diversity in our management team in 2021 has resulted in our female senior management being 32% as at September 2021.
Our female representation on our executive committee has also risen from 12% (2019) to 33% as at September 2021. Additionally, we are proud to now have our first female Chair and have also appointed a female non-executive Director meaning for the first time Brown Shipley now has female Board members (29%).
We have also committed to new ways of working under our hybrid working model, where flexibility and agility are the norm for all employees as we embrace the benefits that working flexibly brings whilst encompassing the value of connection, collaboration and coaching when in the office environment.
Our work with PIMFA and social mobility charity The Brokerage support initiatives to encourage young women from all backgrounds to consider a career in finance will also remain a key focus for the remainder of 2021 and beyond as we broaden our diversity focus beyond gender.
The Brown Shipley executive team are committed to continuing to build a diverse and inclusive culture where all employees are equally included and where all employees are celebrated for their diversity.
Finally, tell us something about your bank that customers would be interested to know.
Two of our former Board directors subsequently became the Governor of the Bank of England.
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