People Moves

Who's Moving Where In Wealth Management? – Brooks Macdonald, RBC Brewin Dolphin

Editorial Staff 21 December 2022

Who's Moving Where In Wealth Management? – Brooks Macdonald, RBC Brewin Dolphin

The latest moves and appointments in wealth management in the UK, the rest of Europe, the Middle East and other select locations.

Brooks Macdonald
Brooks Macdonald, a provider of investment management services to private high net worth individuals, pension funds, institutions, charities and trusts, has appointed Joe Capaldi as investment director within its alternative investment management portfolio service, to strengthen the service. 

Capaldi was formerly at CS Investment Managers, where he was an investment director and lead manager of its AIM Inheritance Tax service, the firm said in a statement.

Brooks Macdonald’s AIM portfolio service offers long-term capital growth potential and inheritance tax benefits via a portfolio of 30 to 40 AIM listed companies.

Capaldi said: “I am thrilled to have joined Brooks Macdonald and am looking forward to starting a new chapter at such an exciting time for the firm.” 

“Brooks Macdonald is one of the most established AIM IHT managers in the industry because it puts client performance first, as demonstrated by its strong track record since inception,” he continued.

Ewan Millar, head of AIM and senior investment director at Brooks Macdonald added: “Joe brings a wealth of experience and a record of achievement, making him the ideal person to further strengthen our best-in-class service for our AIM clients.”

RBC Brewin Dolphin
Wealth manager RBC Brewin Dolphin has welcomed a new cohort of 14 trainee financial planners to its financial planning academy.

The trainees are embarking upon a two-year training and apprenticeship course which should see them qualify as either financial planners or paraplanners, the firm said in a statement. 

The course will see the cohort undertake on-the-job training, external training, and mentoring at the company’s offices in Cardiff, Edinburgh, Exeter, Glasgow, Leeds, London, Manchester and Newcastle, the firm continued. Participants will also aim to achieve the Level 4 diploma in financial planning over this period.

RBC Brewin Dolphin’s financial planning academy was established to try to narrow the financial advice gap by attracting and training the next generation of financial planners to help clients with their evolving financial needs. The company espouses the benefits of financial planning and advocates the value of taking financial advice.

Nick Oliver, regional managing director for financial planning at RBC Brewin Dolphin, said: “As people’s financial lives have become more intricate with a variety of demands on their hard-earned money, from buying property to supporting children, planning for retirement, and maximising their legacy, the need for considered financial advice at key life stages has never been so important.” 

“The RBC Brewin Dolphin financial planning academy is nurturing and empowering the next generation of financial planners with the skills and knowledge to help our clients achieve their financial objectives,” he continued.

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