The latest moves in global wealth management.
Apollo Private Wealth
Newly-minted Apollo Private Wealth, a London-based principal partner practice of St James’s Place, has appointed investment and financial executive figure Ilario di Bon to its board as a non-executive director, subject to regulatory and shareholder approval.
Ilario has worked in financial services for over 25 years, with experience in the fund management industry, working at At UBS, Fidelity and Alliance Trust. He has led large teams and developed business globally, with clients located in the UK, Continental Europe, North America and Asia.
Launched in August 2017, Apollo works with high net worth and ultra-high net worth private clients, entrepreneurs and executives.
Falcon Private Bank
Swiss-based Falcon Private Bank has appointed Roberto Grassi as the new chairman of the board of directors, effective immediately, the firm said in a statement.
Grassi has 30 years' experience in the industry. Since 2001, he had been chief executive of Fidinam Group, a global consulting company headquartered in Lugano. Over the past 13 years, Grassi has served as a board member and deputy chairman of Banca Stato Cantone Ticino.
After more than 12 years, Christian Wenger has decided to step down from the board of directors. The firm said: "We would like to thank him for his valuable contribution as well as for his extraordinary commitment and dedication over all these years. Christian Wenger will support Roberto Grassi during a transition period to ensure a smooth hand over."
Muzinich & Co
Muzinich & Co has appointed hired Howard Mahon as director, pan-Europe private debt, the firm said in a statement.
Howard will be based in the firm’s newly-opened Dublin office. He will seek to expand the firm’s private debt capabilities and grow a team dedicated to the Irish market in this newly-created role.
He joins from AIB, where he was an associate director in the bank’s specialised finance unit, where he focused on providing subordinated and alternative debt to Irish corporates. Prior to joining AIB, Howard worked in Deloitte & Touche’s corporate finance division.
GAM has appointed Adrian Gosden as an investment director and will manage a new UK equity income fund that will be rolled out later this year.
Based in London, he will work with GAM's existing UK and pan-European equity teams.
Gosden has 20 years' investment experience, and for 18 of those he has managed income funds and mandates, most recently at Artemis.
Pareto Financial Planning
Manchester-based Pareto Financial Planning has hired four recruits, including an operations manager to meet an upsurge in client demand, the firm said in a statement.
Nicky Aspray joins Pareto FP as operations manager and has worked in the industry for close to 20 years. While Martyn Scobbie, who also boasts 20 years’ experience in finance roles, has been appointed finance controller.
Chartered financial planner Marcus Pilkington has been named as the latest recruit on the advisory team. Andrew O’Nions has been appointed a new advisor support team member of the firm's paraplanning team, which has also seen the arrival of paraplanner Richard Duncan.