Like a number of wealth managers, UK wealth manager LGT Wealth Management has deepened its commitment to the Northwest and made a senior hire.

LGT Wealth Management announced plans this week to relocate its Manchester team to a new office in Spinningfields in mid-2026, providing a larger, modern setting for clients.

The move is the latest stage in LGT Wealth Management’s expansion, which has accelerated following the 2023 acquisition of Aberdeen’s discretionary fund management business. This deal added offices in Leeds and Birmingham, broadened teams in Bristol and Edinburgh, and laid the foundation for continued investment across the UK, the firm said in a statement.

In 2024, LGT Wealth Management moved into larger offices in both Birmingham and Edinburgh, reflecting its strong belief in face-to-face client relationships in a post-pandemic world.

To support this momentum, LGT Wealth Management said it has recruited Adam Parker as a wealth manager and wealth planner in Manchester. Previously at Evelyn Partners, he brings more than 20 years’ experience advising entrepreneurs and their families. His arrival complements recent senior hires across Leeds, Edinburgh and Jersey.

The growth has been fuelled by rising demand for specialist wealth planning. Policy changes in taxation, pensions and inheritance are prompting families, business owners and entrepreneurs to reassess how they manage and pass on wealth. This has driven strong appetite for LGT Wealth Management’s bespoke and long-term approach, with the firm expanding both client-facing and operational teams across the UK, including a growing presence of next-generation professionals in Birmingham and Leeds.

The move highlights how a number of wealth managers and private banks are continuing to establish presences beyond London and the Southeast. Organisations such as UBS, Julius Baer, Coutts, Barclays, HSBC and Brown Shipley, among others, have a regional footprint, which this news service analysed here in the aftermath of the pandemic at a time when people assumed that offices would be displaced. See more here and here.

“Our regional growth has been buoyed by the rising demand we’ve seen for specialist wealth planning and, it’s important that families and business owners are able to access the tailored financial advice necessary to navigate this ever-changing landscape,” Andrew Davies, partner and head of regions at LGT Wealth Management, said.

“We are seeing wealth transfer becoming an increasingly common priority and our role is to help families approach these conversations with openness, tact, and discretion, ensuring their wealth strategies align with both their family values and their long-term financial goals,” Davies added.

LGT Wealth Management, which employs over 650 staff, has offices in London, Jersey, Bristol, Edinburgh, Leeds, Birmingham and Manchester.