People Moves

Who's Moving Where In Wealth Management? – IQ-EQ, Kingswood, Canaccord

Editorial Staff, 19 August 2022


The latest moves and appointments for wealth management roles in the UK, other parts of Europe, the Middle east and select international locations.

IQ-EQ has appointed Shaun Geils as global head of Insurance in a newly-created position supporting IQ-EQ’s extended service offering.

Geils first joined the business in 2015 as head of operations and was promoted to country delivery director, the firm said in a statement this week.

He helped to grow the team from its inception, which now has 18 global IQ-EQ offices in Asia, Europe, the UK and Channel Islands, the Caribbean, Africa and the United States. Prior to taking on his new role he was the managing director of Shared Services in Mauritius, the firm added.

In his new role as global head of Insurance, he will lead an insurance team, partnering with business development, client relations and portfolio management teams to develop strategic and competitive solutions to address the needs of clients, the firm said.

Geils will play a key role in driving growth in IQ-EQ’s Debt, Capital Markets and Corporates segment, the firm added.

Welcoming the move, group head of Debt, Capital Markets & Corporates, Edward Stevenson said: “After successfully building out the Shared Services Centre in Mauritius, I’m delighted to have him on board as our global head of Insurance, given his track record of managing client relationships and formulating strategic operational procedures.”

“He will train our global sales teams on key global insurance trends and regulations while building a high level of domain and insurance workflow knowledge for our clients' strategic priorities and needs.”

Geils added: “I enjoy new challenges, and this new role will have the scope to achieve great things, supported by a fantastic team of experts.”

IQ-EQ is an investor services group, located in 24 jurisdictions, with assets under administration exceeding $500 billion.

Kingswood Holdings    
Kingswood Holdings, an international wealth and investment management group, has appointed Jade Rose and Max Sullivan as financial advisors. They will be based at the firm’s London and Kent offices respectively.

With over half a decade of experience in the financial services profession, Sullivan will provide advice to clients across financial planning and wealth management, with a focus on investments, retirement planning, and intergenerational wealth planning. He will also be leading Kingswood’s partnership with Irwin Mitchell LLP in the South of England, the firm said in a statement this week.

Prior to joining, and in addition to being a financial advisor, Sullivan was director for a specialist IFA firm under Sandringham Financial Partners (part of M&G), and acquisitions manager at Quilter. He has also worked for TSB Bank in a variety of relationship management roles.

Rose was previously a KYC officer at Byblos Bank and financial advisors community lead at US professional networking platform, Fishbowl. She is a qualified wealth planner, with over eight years’ experience in financial services, the firm added.

In her new role at Kingswood, she will provide financial advice to entrepreneurs and those in the creative industries, with a focus on building financial roadmaps and investment strategies. With careful tax management, Rose she will also guide millennial clients and their families on their intergenerational wealth transfer, the firm said.

Their appointments follow six acquisitions made by Kingswood in the UK so far this year, including most recently, Smith Pearman & Associates, an independent financial advice company based in Hampshire, which was completed on 1 August. 

The firm said that the appointments also follow a transformational year for Kingswood; it made record levels of revenue and operating profit in 2021. Revenue reached £149.7 million ($181 million), an increase of 488 per cent compared with 2020, and operating profit increased from £5.5 million to £6.3 million, reflecting the successful integration of acquisitions in the UK and growth in the US.

Welcoming the move, Hayley Burton, MD – head of Wealth Planning at Kingswood, said: “The passion and energy they have for their clients present a natural fit to Kingswood while having a diversified and highly skilled team is essential in helping the firm to unlock its full potential and stimulate growth.”

Canaccord Genuity Wealth Management UK  
Canaccord Genuity Wealth Management UK has made two key promotions in its Jersey office, to strengthen its senior team and its offering to clients.

Ryan Harrison has been promoted to head of Wealth Management, Jersey, the firm said in a statement. He now leads the team in Jersey to deliver a range of integrated wealth management services to private and intermediary clients. Harrison has been with the firm in Jersey for more than 15 years.

Rob Llewellin has been promoted to head of stockbroking to lead a team of 11 brokers and advisory managers, the company added. He was previously treasury manager at the firm in Jersey and has been with the group for more than 10 years.

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