Meet the Board: Stuart PriceDate Posted: 24 May 2018
At the start of the year, Stuart Price took on the role of Treasurer of Cardiff Business Club – a role he combines with his day job as Partner and Pension Actuary at Quantum Advisory. Here we speak to Stuart to find out more about the business, his role and why he became involved with the Club.
Tell us about Quantum Advisory
The business was started in 1999. We help employees and trustees to manage their pension arrangements, which can range in size from £1/2 million to as much as £1/2 billion.
The business has over 100 people, and while the lion’s share is based in our Cardiff head office, a number are also in our Bristol, Amersham, Birmingham and London offices.
What makes Quantum Advisory different to similar providers in Cardiff?
We are unique in that Quantum Advisory is the only firm of its kind in Wales. We have a large share of the Welsh market and the focus now is on increasing awareness within that market of who we are and what we can do for clients.
What is your role within the business?
I am both a Partner and an Actuary, working with a number of well-known organisations throughout Wales, from SA Brain and Panasonic to Swansea University and several Social Housing Associations. In addition to that, I am also responsible for building the Firm’s new business in Wales and the South West – the latter being a relatively new market for us and one that presents a number of exciting opportunities.
You recently celebrated a good year for the business, can you tell us more about this?
For the first time since 1999, we have surpassed the 100-employee mark and over the last few years we have seen double-digit growth in our annual turnover. This is down to the fact that while we are attracting more new business, we’re also retaining the clients we have over the long term. Against this backdrop, we wanted to give something back to the local community by nominating Tŷ Hafan as our chosen charity and have raised over £20,000 to date
The business has long been a supporter of Cardiff Business Club, what prompted your initial involvement?
I personally have been attending events at the Club for several years. It is well-respected and you get to hear from great speakers who you can learn from – there is always a key take-away or two that you can apply to your own business. The networking element has proven to be key – I have met some great new contacts as a result as well as some friends too. The Club has done well to increase the number of women and younger people attending each event, which is great and this needs to continue.
What attracted you to the opportunity of joining the Board?
I enjoy the Club and this was an opportunity to give something back – to perhaps engage more with it and introduce some new ideas that can expand its reach and heighten its appeal to those who may not have considered attending Club events in the past.
What value do you think the Club gives to its members, and what would you say to those people who have never attended one of the Club’s events?
It’s not a closed shop. People want to talk to people, to hear from first-rate speakers who are always engaging, to develop their personal and professional networks and to unearth opportunities for possible new business relationships too – this is what attending Cardiff Business Club events can do for business people.
Is there anything about the Club that you would particularly like to change - ideas you may have?
There is a need to further increase awareness of the Club across the entire business community in Cardiff and let people know what it’s all about and the value they can get from it. Cardiff is one of the fastest growing and most exciting cities in the UK, and this is attracting more and more young professionals to the area – we need to attract them too.