In January Morven Millar, Director at Gresham, was lucky enough to take a trip to Budapest. Whilst there, she took the time to pay a visit to Gresham Palace – the place that inspired the Gresham Wealth Management name!
Now a Four Seasons Hotel with panoramic vistas of the Danube and the hills of Buda, Gresham Palace (Gresham-Palota) was named after the 16th-century English financier Sir Thomas Gresham, the palace is a stunning example of Art Nouveau architecture in the heart of Budapest. Completed in 1906 for the London Gresham Life Assurance Society, the site of the building was acquired by the British based insurers at a time when it was illegal to invest money in stocks, but rental income was a wise investment!
It was a visit to Hungary’s capital that gave Morven the idea for the firm’s name some seven years or so ago. Struggling to come up with a name at the time, Jonathan and Morven both agreed that the unique architecture of Gresham Palace, along with its interesting history rooted in the world of finance, ideally represented their new firm.
You’ll even find an image of the building in Gresham’s offices – serving as a reminder of where it all began.
Here are a couple of photos of Morven’s return visit to the Gresham-Palota.
