The latest moves in wealth management across the UK, Europe, Middle East and Africa.

Saxo Bank
The Danish fintech specialist Saxo Bank has appointed Thomas Hovard as COO of global distribution and client services. He will report to Saxo’s chief commercial officer Damian Bunce and start the post on 4 February 2019.

In the role, Hovard will manage ongoing operations for global distribution and client services and ensure the group’s client-centric strategy is delivered across all its markets.

Saxo CCO Damian Bunce said Hovard shares the brokerage firm’s ambitions of “leveraging innovative technology to enhance the client experience” and provide unparalleled trading access to global capital markets.

Before joining Saxo, Hovard spent 16 years at Danish bank Danske, holding a number of senior research and sales roles. Most recently he served as Danske’s global head of DCM sales & research. He said of the move to Saxo, he was joining a bank that “has pioneered in the industry with its forward-looking approach to technology".

Raymond James
Raymond James has opened a new branch in Droitwich Spa, Worcestershire. The new branch will be run by Daniel Faulkner who previously worked for Psigma, and before that was an Investment director of Rathbones.

Raymond James, Droitwich Spa will tailor portfolios according to clients’ needs and circumstances and will invest across direct equities, bonds and funds, as well as exchange traded funds where relevant.

Faulkner has prior experience in setting up a new wealth management branch, having co-founded Rathbones’ Birmingham office in 2008. He has almost 30 years of industry experience, having begun his career at Albert E Sharp in 1989. He moved to Quilter in 1997 where he began to focus on providing Discretionary Management Services to Independent Financial Advisors and their clients.