The latest moves, appointments and personnel changes for wealth management in the UK, rest of Europe, the Middle East and select international jurisdictions.

Broadridge Financial
Broadridge Financial Solutions, a technology firm listed on the Nasdaq, has appointed Richard Street (pictured below) as international sales head, based in London. 

Richard Street

Street reports to Mike Sleightholme, president of Broadridge International.

Street has experience on the buy- and sell-side of financial services. He has served in global and regional leadership roles in Europe, the Middle East, Asia-Pacific and the US. 

Prior to Broadridge, Street was chief revenue officer and business development head at a portfolio of specialist fintechs; global head of client coverage at RBC Investor and Treasury Services, and EMEA head of investor services sales at Citi.

Lawrence Stephens
London-based law firm Lawrence Stephens has launched a multi-family office platform that provides professional services. It is called LS Private.

The offering is designed for entrepreneurs, first-generation wealth creators, and family principals with complex or cross-border interests, Lawrence Stephens said in a statement. 

LS Private acts as a “single point of accountability.” It coordinates the full ecosystem of legal, financial, and personal affairs “ensuring that every advisor, asset, and decision is aligned.”

The venture is led by John Russo, who brings more than 15 years of experience advising and managing ultra-high net worth families and businesses. Before founding LS Private, Russo created and led a single-family office for “one of the UK’s most prominent families, overseeing legal, financial, operational, philanthropic, and reputational matters across a portfolio exceeding £1 billion ($1.32 billion).” (Media reports and a Companies House filing appear to give the name of the SFO as Maddox Gallery.) With a strong connection to the arts, Russo also serves on the board of directors of the Royal Philharmonic Orchestra and as a trustee for The Diana Award. According to his Linkedin profile, Russo is also a fellow of the Royal Society of Arts and a magistrate judge. 

“Our clients are entrepreneurial and often managing growing personal and family complexity. LS Private extends our ability to help them beyond legal advice –providing the independent governance and trusted oversight needed to safeguard family capital and reputation,” Steven Bernstein, managing director of Lawrence Stephens, said. “With John’s expertise, we can support both newly formed and established family offices in navigating the strategic and operational challenges that accompany wealth.”

LS Private is a wholly owned subsidiary of Lawrence Stephens and is not regulated by the Solicitors Regulation Authority.

Rathbones Group
Following a change in its senior executive line up, Rathbones Group, the UK wealth and asset management firm, said this week that it is bringing new talent into its leadership team to build on its integration with Investec Wealth & Investments UK (IW&I) and deliver growth.

Several of its senior executives are leaving the firm: Sarah Owen-Jones is retiring as chief risk officer after more than 10 years with Rathbones; Andy Brodie, chief operating officer and Gaynor Gillespie, chief people officer are leaving pursue opportunities elsewhere.

Thanking the outgoing executives, Jonathan Sorrell, chief executive officer of Rathbones Group, said: “In their time at the firm they have scaled their respective functions and played immensely important roles to deliver the successful integration of Rathbones and IW&I and position us for our next phase.”

Cassandra Williams is joining Rathbones as chief risk officer designate and compliance officer. Previously at HSBC, RBC Brewin Dolphin, Investec UK and the Financial Services Authority [now the FCA], Williams has had a career of more than 20 years in risk and compliance with leadership roles in London and Sydney.

Later in November Gillian Van Maaren will be joining as chief people officer, following a career in global asset management, hedge funds, and wealth management. She has led people strategies through growth and transformation, including 15 years at Jupiter Asset Management, where she was HR director.

In view of its scale and breadth, Andy Brodie’s role will be split. On 1 December, Mike Turner will join Rathbones as chief operating officer, responsible for operations and strategic projects. He is joining from a consultancy, recently working with Rathbones. His previous leadership roles were in asset management, including at Man Group.

Brad Novak, who will be joining as chief technology officer on 2 January, has served in senior leadership roles at companies including Barclays and Credit Suisse.

“I am delighted to welcome such talented new senior colleagues to the leadership team at Rathbones,” Sorrell continued. “They all take on their responsibilities subject to regulatory approval and will work closely with new and outgoing colleagues in coming months to ensure a smooth transition as they get to know the firm.”

EQ Investors
London-headquartered EQ Investors , a B Corp wealth manager, has appointed Tom Wait as investment manager in its discretionary fund management division..

Wait will be responsible for managing bespoke investment solutions for high net worth clients and charities, developing existing and new client relations. Based in EQ’s London office, he will work closely with the investment team to ensure that clients receive the highest level of service and advice.

Prior to joining EQ, Wait worked at RBC Brewin Dolphin for over nine years, where most recently he was an investment manager in the private client team, delivering “excellent portfolio performance” and as a trusted advisor to families, trustees, and professional intermediaries.

“This is a fantastic hire for EQ. Tom joins at an exciting time for the business as we invest in our investment expertise and our technology,” Sophie Kennedy, Joint CEO at EQ said. “As the external landscape continues to evolve and new challenges emerge, it is crucial that we have the best team in place to help our clients protect and grow their wealth.”