The latest moves and appointments for wealth management roles in the UK, other parts of Europe, the Middle east and select international locations.
Evelyn Partners, a wealth management and professional services group, has appointed Charlotte Davies as its next general counsel.
Davies will join Evelyn Partners on 1 September, taking over the role from Nicola Mitford-Slade who will be retiring after a handover period, the firm said in a statement. She will also join the Evelyn Partners group executive committee.
Most recently, Davies was with Provident Financial Group, a London Stock Exchange listed specialist bank, where she had been group general counsel and company secretary since April 2019. Prior to this, she served as general counsel and company secretary at Cabot Credit Management, the firm added. She has also held senior positions at Lockton, the insurance brokerage, and insurer RSA group. She began her legal career at Clifford Chance, before moving to Norton Rose.
Evelyn Partners is a UK wealth management and professional services group, created following the merger of Tilney and Smith & Williamson, with £52.7 billion ($64 billion) of assets under management as at 30 June 2022.
Latitude Investment Management
Latitude Investment Management, a London-based boutique investment partnership with £400 million assets under management, has expanded its investment team with the appointment of Mike Totton as a senior analyst.
Totton is joining the firm from Liontrust Asset Management. Prior to this, he spent nine years at Majedie Asset Management where he was a portfolio manager and analyst within the UK equity teams, the firm said in a statement. He has also worked at Deloitte and the Royal Bank of Scotland between 2009 and 2013.
Totton will work across both the multi-asset Latitude Horizon Fund and the Latitude Global Fund – the firm’s concentrated global equity portfolio.
Welcoming him to the firm, Freddie Lait, CIO and founder of Latitude Investment Management, said: “This year our performance is standing out, allowing us to attract significant new client assets and invest in our team and our technology.”
“In a world awash with overvaluations and rising inflation, investors need access to strategies which benefit from a rigorous valuation discipline (our portfolio trades on 11.5x PE) as well as long-term compound growth potential,” he added.
The Latitude Horizon Fund has returned 42.6 per cent since its launch in 2016 whilst the Global Fund returned 28.7 per cent in 2021 and +2.0 per cent year to date in 2022, the firm stressed.
Lowes Financial Management
North East financial advisory firm, Lowes Financial Management, has appointed a new wealth manager, Michael Stowe, as the company builds its team to drive its growth strategy.
Stowe has been appointed at a time of wider restructuring and ongoing expansion at Lowes, the firm said in a statement.
In his role, Stowe will be involved in developing relationships with current and new clients, working from both the Newcastle and Middlesbrough offices.
He has been part of the wider Lowes team for almost 10 years, starting in an administration role and working his way up, learning the business in various roles before becoming a Lowes consultant, the firm added.
Welcoming the move, Lowes said: “During the last several years, there has been a lot of change within the financial advisory sector from legislation and regulatory requirements to the opportunities that technology has created. Lowes has built its reputation on providing a personal service to clients; an approach which we plan to continue to build on and enhance.”
“The ongoing growth of the senior leadership team at Lowes is allowing us to improve our levels of service for our clients by introducing efficiencies and removing time-consuming tasks. This means we can offer more time to those who want a more personalised service,” he said.
Lowes, which last year celebrated 50 years of servicing clients, recently appointed its first associate director and a head of financial planning, this alongside opening a new office in Teesside to expand its national and regional profile.
Lowes advises clients across a range of financial aspects such as inheritance tax planning, investment management, pensions, tax mitigation, long-term care and other general financial planning matters, helping clients and their families to secure their financial future.
Citi Private Bank
Citi Private Bank has appointed John Williams in London as director and head of its UK wealth planning team.
Williams reports to Robert Stemmons, head of trust and wealth planning, Europe, Middle East and Africa.
In his new role, Williams will work with the UK market region bankers, investment counsellors and other product specialists to deliver a bespoke wealth planning service to assist clients in achieving their financial goals.
Prior to this, Williams was wealth planning head at Nedbank Private Wealth. Previously, he was head of wealth planning at Credit Suisse UK, and held senior positions at Barclays and UBS. He is a full member of the Society of Trust and Estate Practitioners (STEP) and a Chartered UK Financial Planner.