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Scottish Expansion Continues Apace At Barclays Wealth

Wendy Spires

4 August 2011

Barclays Wealth has furthered its expansion in Scotland with the addition of three new wealth advisors.

Robin Clements and Andrew Hall join the Glasgow office, while Chris Mackie is based in Edinburgh. Clements and Hall both join from Towry, where they were wealth advisors, while Mackie was latterly a financial planner at Thompson Shepherd.

In their new roles the appointees will provide wealth planning advice to clients and will be responsible for boosting the wealth advisory unit’s portfolio of clients across Scotland and Northern Ireland. All three report to Ryan McDonald, vice president, Barclays Wealth Advisory.

The firm said in a statement that it is looking to hire a further two Chartered Financial Planners by the end of this year, bringing its roster in Scotland to eight.

Barclays Wealth, like a number of other firms, has been busily expanding in Scotland this year. In June Barclays Wealth added former Coutts & Co banker Alan Colquhoun to its Edinbugh office, hot on the heels of the appointment of Paul Burd as head of business services within overall operations and as head of operations for the firm’s Glasgow office.

While at Coutts's London office Colquhoun had focused predominantly on resident non-domiciled clients from the Far East, Australasia and Africa. In his new role he will focus on looking after private clients, and will also liaise with Barclays Corporate and Barclays Capital colleagues and key business introducers.

Burd was most recently based in Cape Town as general manager of worldwide securities at JP Morgan. His role at Barclays Wealth is a newly-created one which will see him take responsibility for overseeing relationship management, strategic planning and change management within the operations business unit.