Collins Stewart Wealth Management, the London-headquartered investment manager and stockbroker, has hired Sean Millensted to join its intermediary sales team and appointed Christopher Sherwell as a non-executive director of Collins Stewart in the Channel Islands with immediate effect.

In his new London-based role Millensted will be focusing on independent financial advisors and will report to Phil Simmonds, head of UK intermediary sales, the firm said in a statement.

Prior to joining the firm Millensted worked for Zurich Intermediary Group, the distribution arm of Zurich’s UK Life Business, where he marketed to IFAs, banks and other intermediaries. 

Also, the firm appointed Sherwell as a non-executive director of Collins Stewart in the Channel Islands. He became managing director of Schroders in the Channel Islands in 2000 and after stepping down in 2004 continued as an NED until 2008. Sherwell’s current NEDs include the chairmanship of Goldman Sachs Dynamic Opportunities, a fund of hedge funds, and of the Hermes Commodities Umbrella Fund.

In other recent hires, in June, Collins Stewart, that manages and administers £6.8 billion (about $10.5 billion) of assets as at 30 June 2010, added Alasdair Ogilvy-Stuart to its intermediary sales team.