People Moves

Vestra Wealth Poaches Private Banker Trio From Rivals

Amisha Mehta Assistant Editor London 23 September 2015

Vestra Wealth Poaches Private Banker Trio From Rivals

The UK-based wealth manager has made three senior appointments to its investment team.

London-headquartered Vestra Wealth has hired three investment managers from rival firms to serve its high net worth clients.

Steve Jenkins, Paul Pascoe and Joanna Hunt previously held roles at UBS, Barclays and Citi respectively. In their new roles as investment managers, they will manage assets for private clients, trustees, corporate clients and pension funds.

Jenkins joins from UBS where he was executive director, responsible for managing discretionary and advisory portfolios. He formerly served as director at Barclays and vice president at Merrill Lynch International Bank.

Pascoe joins from his position as director and private banker at Barclays Wealth; Hunt was previously a private banker at Citi Private Bank.

“We are delighted to have recruited these three people as there is complete consistency in the manner in which they and Vestra want to provide a full wealth management service to clients, namely bespoke advice combined with rigour in our investment process,” said David Scott, founding partner at Vestra Wealth.

“We believe that HNW clients are increasingly becoming disillusioned with a commoditised offering.”

Vestra Wealth has been busy building its team recently. Earlier this month, it hired Jamie Frere-Scott from Ashcourt Rowan to lead its authorised funds and in November last year, it brought on four wealth managers from Julius Baer and Barclays Wealth.

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