People Moves

Who’s Moving Where In Wealth Management? - Luma Financial Technologies, NEBA WM, Others

Editorial Staff 14 February 2024

Who’s Moving Where In Wealth Management? - Luma Financial Technologies, NEBA WM, Others

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

Luma Financial Technologies
Luma Financial Technologies, a Swiss independent multi-issuer structured products and alternatives platform, has appointed Gabriel Stoll as head of business development and sales for Switzerland.

Based in Luma’s office in Zurich, Stoll (pictured) will cultivate business opportunities in the European market, and maintain a close collaboration with existing clients and issuers, the firm said in a statement.

Previously, Stoll was at independent research and advisory firm Kepler Cheuvreux, where he worked with asset managers, private banks and family offices on structured products and other alternatives. Before that, he worked at Picard Angst AG where he served in a variety of roles including as a financial engineer, providing investment ideas for structured products and negotiating and executing trades with major investment banks.

“Europe is a key growth market for Luma, and with Gabriel on board, [he] will help us build on the significant progress we have made to date,” Tim Bonacci, chief executive officer at Luma Financial Technologies, said. “Gabriel’s expertise will undoubtedly prove to be a valuable asset as we remain focused on further growing our global presence.”

NEBA Wealth Management
NEBA Wealth Management, a division of Team Plc, has appointed Luke Forrest and Richard Raczkowski as co-managing partners for its African and South African operations, based in its Nairobi office.

With more than 15 years of industry experience, Forrest will spearhead the growth and development of NEBA Wealth Management partnerships across Africa and South Africa, bringing his extensive experience and innovative strategies to the forefront of the African wealth management industry, the firm said in a statement.

Raczkowski, who is a seasoned advisor with years in the industry and brings experience from his tenure in London and the United Arab Emirates, specialises in high net worth portfolios across diverse geographies. Raczkowski’s career has covered investment strategy, estate planning, and cross-border tax arrangements.

“Luke’s appointment is a pivotal step in our expansion strategy. His expertise and vision are crucial for our mission to establish NEBA as a leader in wealth management across Africa,” John Beverley, CEO of TEAM East said. “Richard’s ethos and industry acumen align perfectly with our vision for NEBA Wealth Management. His proven track record and personal touch in client servicing will undoubtedly elevate our offering and strengthen our foothold in the African market.”

Value Partners (UK) Limited
Value Partners (UK) Limited, the UK arm of the Hong Kong-based independent asset management firm Value Partners Group, has promoted Thomas Legendre to associate director of its EMEA Business, effective immediately.

Legendre, who joined Value Partners in October 2020, works alongside David Townsend, managing director of Value Partner’s EMEA Business in London, the firm said in a statement.

Legendre will continue supporting the team in London while also helping the group to expand its distribution capabilities, notably across Switzerland. Legendre’s new responsibilities involve working with private banks, family offices, private wealth managers and financial Institutions to identify the most suitable Value Partners’ investment solutions for their China and Asia needs.

Graduating with a MSc in finance from the EDHEC Business School, Legendre – a CAIA charterholder – began his career as a junior investment strategist for a global private banking group in Geneva in 2017. Prior to joining Value Partners, he was most recently a junior global investment strategist for a multi-family office in London. The associate director role marks Legendre’s second promotion since then.


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