The latest moves in wealth management from across Europe and the Middle East.
In a raft of senior moves, KPMG has promoted three partners and hired two new partners in its tax, pensions and legal services practice in a drive to “attract and retain talent,” the financial services firm said.
The three promoted to partner include: Mythrayi Manickarajah, who advises global financial investors on Infrastructure and renewables tax affairs in the UK and Europe; Daniel Smith, who leads the real estate VAT team advising clients on property development, investment and occupation; and Jo Brien, who advises private capital and listed businesses on executive pay, share plans and corporate governance. Brien’s team is based across the Leeds, Manchester and Birmingham offices. The other two partners are based in London.
The new partner additions are David Hewitt, who joins KPMG’s corporates, M&A tax business. Before that, he spent seven years at Grant Thornton as a partner and head of M&A tax. His role at KPMG will be further developing the corporate M&A tax business, the firm said.
Hewitt’s hire follows the arrival of Peter Workman, who joined KPMG’s national markets and legal services business as a partner in February. Hewitt made the move from PwC where he led its Midlands corporate legal practice and flexible lawyer offering. At KPMG he will lead a team of business structuring and transactions lawyers for the Midlands region.
“As the tax system and business environment becomes ever more complex, it is important to have experienced advisers who understand the needs of our clients,” Michelle Quest, head of tax, pensions and legal Services at KPMG UK said.
KPMG’s UK operation advises across 22 regional offices and recorded £2.3 billion in revenue to September 30th, 2018. Adding new partners will help "keep up with the growing demand for deep insight,” Quest said.
UK wealth manager Brewin Dolphin has appointed former Coutts & Co discretionary portfolio manager Anthony Rawlinson as wealth director in London.
Rawlison rounds out five recent hires to Brewin’s ‘1762’ proposition, a venture seeded last year when the firm openend new West End offices to serve clients with “more complex financial needs.”
Before Coutts, Rawlinson headed up private banking for Standard Chartered in Abu Dhabi and ran his own corporate finance advisory firm with offices in London and Dubai. He trained at N M Rothchild & Sons in London and spent seven years in Asia working for Jardine Fleming Holdings.
Nick Fitzgerald, Brewin’s managing director of financial planning, said: “In unprecedented times and with on-going uncertainty, there is an ever-present need for over-arching expert financial advice, which we seek to provide with trusted partners.”
He added: “Each new hire brings something different to the ‘1762 from Brewin Dolphin’ proposition”, and Rawlinson has considerable experience “in facilitating fantastic care and value to his clients.”
Rawlinson said the proposition is in “growth stage” and its ability to deliver high-level wealth structuring and investment solutions while driving down total suffered cost is “game-changing”.