People Moves
UK Wealth Manager Makes Redundancies In Scotland
UK-based wealth manager Brewin Dolphin has made five redundancies in Aberdeen – job cuts the firm says were made as part of a restructure of the office in line with market requirements.
The redundancies included one client-facing employee, reportedly investment manager Susanne Evans, along with two business development and two administration employees.
While Brewin’s Aberdeen office had a headcount of some 40 staff a couple of years ago, this is said to have now dwindled to closer to 25.
In more positive developments, earlier this month the firm strengthened its London office with four senior hires across its financial planning and charity investment management teams.
Nicholas Burt and John Fletcher joined as divisional directors of Brewin's financial planning arm, the former coming across from Rathbones and the latter from SG Hambros.
Meanwhile, Anthony Behrens, who was previously head of charities at Barclays Wealth, joined Brewin's charity team along with Phillip Payne, who also worked at Barclays Wealth as a senior investment manager in the charities team.
Brewin also recently opened an office in Bristol as part of its plan to expand its presence across the southwest.