People Moves
Change At The Top Of Quilter Cheviot's Edinburgh Office
This publication brings more news about moves in the global wealth management industry.
The head of the Edinburgh office at UK-based Quilter Cheviot
Investment Management will step down and his deputy will take up
the leadership reins in a planned succession, the firm announced
yesterday.
Alan Aitchison will remain with the business as he
steps back from his role as head of the Edinburgh office for
Quilter Cheviot. Mark Hallam, the second-in-command, will take
over and gain overall responsibility for the management of the
office.
Hallam is a fellow of the Chartered Institute for Securities and
Investment and has more than 26 years’ experience in the wealth
management industry. Hallam and Aitchison have been colleagues
for 20 years, having worked together for Edinburgh FundManagers
and Deutsche Bank before joining Quilter Cheviot in 2011.
“Having established our office in Edinburgh, the time is right to
hand over responsibility for the next phase of our growth to
Mark, who will bring his own ideas and expertise to the
leadership role,” Aitchison said.
“I am looking forward to continuing to work alongside Alan,
building on our achievements of the last four years. Under his
direction, the Edinburgh office of Quilter Cheviot has
established an enviable reputation for independent thinking,
performance excellence and commitment to client service,” Hallam
said.
“Continuity of thinking, service and relationships is critically
important for our clients. Mark’s appointment, with Alan working
by his side, will ensure a seamless transition as we continue to
grow and develop our office in Edinburgh,” said the head of
regions for Quilter Cheviot, Richard Thorn.
Earlier this month Quilter Cheviot announced a number of
promotions across the firm, including David Loudon to head of
investment management. This followed its acquisition by Old
Mutual Wealth, which was announced at the start of the year.
Quilter Cheviot operates across 12 locations in the UK, Ireland
and the Channel Islands; its Edinburgh office has had the best
performance from year-end 2013. The firm has £17.2 billion of
funds under management. Old Mutual Wealth has around £100 billion
of private client funds under management.
