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

Arbuthnot Latham
Arbuthnot Latham has appointed Chris Reah as head of regional offices as the private bank meets high demand for services outside London, with a particular focus on serving entrepreneurs and small to medium size business owners.

Also announced, and reporting to Reah, Andy Broughton is being promoted to head the bank’s Manchester office, which since opening in 2017 has grown to 11 staff.

“We have seen a great response across regional offices; collectively assets under management, deposits and lending have doubled over the last two years and our client base has increased threefold,” Reah said.

He joined Arbuthnot Latham’s South West office in 2014 following 11 years heading the Exeter office for Coutts. Since joining the firm, Reah has been accountable for developing the full regional proposition for clients across the South West.

Growth in Manchester follows other recent regional hires for the wealth manager, including Rob Salisbury appointed to lead the Exeter office and Mark Lucas the firm’s Bristol office.

“The SME market has been underserved by the banking sector, and this is particularly [the case] outside of London. We are making encouraging inroads as we execute our plans to ensure more UK SMEs can benefit from our ‘private banking-style’ relationship led offer,” Stephen Fletcher, deputy CEO, said.

Tilney
In a new post, UK investment manager Tilney has appointed Frances Crozier as a business development manager for London and the South East.

The new role will help support Tilney business professionals, including financial advisors, solicitors, accountants, the trustee community, US professionals and investment consultants in the region, the firm said.

Crozier joins from Canada Life Investments, where she was an advisor in sales support. Prior to that she was intermediary support at Heartwood Investment Management and a financial planner at Saunderson House, both London-based firms.

“Demand for Tilney’s investment services to the professional and IFA community has grown exponentially over the past two years and this is reflected in the expanded team,” Craig Wright, head of business development, said.