Posted on: 07 Sep 18
The Woodbrook Group was delighted to host a lively and engaging Q&A session with around 50 of our clients at the Elysium Hotel in Paphos on Wednesday night. The event was Woodbrook’s first client forum in the area following our recent merger with the Felicitas Management Group.
Many of those in attendance were Felicitas clients, so the evening was a great opportunity for Woodbrook CEO Michael Doherty and his senior management team and fund managers to meet some people face-to-face for the first time and to directly answer any queries they may have in relation to the company’s philosophy and how their investments are being managed.
After the initial introductions, fund manager Joe Palmer gave a presentation of Woodbrook’s investment strategy and innovative use of Model Portfolios, where the combined expert knowledge of a series of trusted fund managers is harnessed to provide a much greater layer of protection to individual investments.
Joe’s presentation was followed by a lively Q&A session in which clients were given the opportunity to raise any concerns or queries they have in the wake of the merger directly with Mr Doherty and Woodbrook’s team of experts. Clients also welcomed the opportunity to avail of individual consultations with the Woodbrook team throughout the evening, and to sample some of the complimentary wine and cheeses provided.
Speaking after the event, Mr Doherty praised the valuable contributions made by the attendees and said he was “delighted” to be given the opportunity to meet many of them in person for the first time. The Woodbrook CEO said the Paphos seminar reflects Woodbrook’s philosophy and open approach when it comes to dealing with clients’ concerns. This approach, he stressed, is particularly important following recent revelations that many unregulated and unlicensed financial advisory firms are continuing to target the expatriate community in Cyprus.
Mr Doherty said: “Many of our own clients have suffered from dealing with unregulated companies who did not have a proper license for the services they were providing, and unfortunately many of these companies are still out there. More ex-pats may unwittingly be risking their savings because they are receiving advice from unregulated consultants. People lose pensions because they are being fooled by unlicensed practitioners, so we want to make sure people are getting proper advice – and not just our own clients.”
A few Felicitas clients who attended Wednesday’s night event admitted they considered moving their investments in the wake of the merger, but now indicated they are happy to stay with Woodbrook after the company was able to allay any fears or concerns they may have had. Following the success of the event, Woodbrook now plans to host similar client forums across the island over the coming months.
Mr Doherty said he would like to personally thank everybody who contributed to making Wednesday’s seminar such a memorable event. He added: “Everything we do is with our clients’ best interests in mind. Now our merged team is in place to deliver the very best for our existing and future clients. The merger with Felicitas has greatly strengthened our investment capabilities and gives our clients an even stronger and more diverse range of investment management skills, on top of significant scale across asset classes and geographies.
“We look forward to seeing you all over the coming weeks and months ahead.”
Video of the Event: