Signia Wealth, the UK-based multi-family office which was established earlier this year, has appointed Mark Elliott from Barclays Wealth as managing director.

In his new role Elliott will look after ultra high net worth client relationships and support chief executive Nathalie Dauriac-Stoebe in the future development of the business.

Prior to joining Barclays Wealth, where he was head of the Financial Institutions Group and the Professional Practices business, Elliott held senior roles at Coutts.

Signia has gone on to garner over £1 billion ($1.54 billion) in assets under supervision and hire 19 staff since receiving authorisation by the UK regulator this March.