Rothschild, a wealth management firm for ultra-high and high net worth individuals, has appointed Barrie Duerden to lead its wealth management business in Guernsey.

Duerden joins Rothschild with immediate effect and will report to Mark Kary, head of Rothschild’s UK wealth management business. His main responsibilities will include leading the firm’s UK expansion of its advisory services.

“Duerden will play a key role in firmly establishing Rothschild’s wealth management reputation and business in the Channel Islands,” added Kary.

Duerden joins Rothschild from Canaccord Genuity Wealth Management in Guernsey, where he was head of investment policy. He has more than 25 years’ experience in the investment and wealth management industry having worked for firms such as Credit Suisse, LCF Rothschild Group and Corazon Capital in a variety of private client and investment management roles in Guernsey, Switzerland and New York.

Rothschild's Wealth Management & Trust provides wealth structuring, investment management, banking and trust services from its main offices in Frankfurt, London and Zurich and is part of the international financial services group, Rothschild.

Its wealth management business has €16 billion ($21.1 billion) in assets under management and its clients currently have an average €5 million ($6.59 million) in investable assets.