Farrer joins the firm from EFG Private Bank’s investment arm where she worked as a private client and charity manager. She has worked in financial services for over a decade, spending six years in the charity investment team at HSBC Private Bank after university, before transferring to Magic Circle London law firm Slaughter and May.
Based at Thesis’ Chichester headquarters, Farrer will be responsible for new and existing relationships with charities and private clients. She will also support Sage House Dimentia Care, the Chicester office’s charity of the year.
The asset manager said the hire is part of its commitment to the local Chichester region. Late last year the firm completely refurbished its office headquarters. It has also been reported that Thesis is planning to open a standalone private office business in the area, with talks still in the early stages.
Lawrence Cook director of Thesis Asset Management said Farrer is joining at a pivotal stage for the business when it is looking to expand the team at its head office.
“Alice is hugely experienced within the charity investment management sector and we feel she is going to be a real asset for the business as we look to grow. This appointment underscores our commitment to Chichester and we are delighted to be expanding the team at our head office.”
Thesis had roughly £12.5bn of funds under management and administration as at 31 January 2019. Its Chichester office now manages more than £270m of assets.
Farrer said she was excited to be joining a company like Thesis which is continuing to innovate and grow and has a reputation in the charities space for mainstream and ethical investment.
“Within our team here in Chichester we have the breadth of experience and knowledge that you would typically find in a London firm and I believe this is very compelling for local charities and individuals,” she said.
She added there would be a growing demand for investment advice as volatility picks up.
“The volatility we are currently experiencing in the market serves as a reminder for people up and down the country, be they trustees of a charity, financial advisers or investors in their own right, to get ongoing and appropriate investment advice and our team here in Chichester is in a great position to provide this.”