Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/new-model-adviser/article/a646379
Ex-Saunderson House chief launches advice firm
by Daniel Grote on Dec 18, 2012 at 08:03
Former Saunderson House chief executive Nick Fletcher has teamed with ex-Kleiwnwort Benson chief investment officer Jeremy Beckwith to launch advice firm London Wall Partners.
The firm has achieved Financial Services Authority (FSA) authorisation, and recruited an investment and back office team in the run-up to launch.
Mark Johnston, formerly a director in KPMG’s financial services practice, has joined as chief financial officer, while serving on the firm’s investment committee will be independent consultants Ingrid Kirby, a trustee at Hermes Pension Fund Managers, and former Saltus Partners fund manager Dan Kemp.
The firm’s advisory board will include Iain Brown, former FSA company secretary and Mark Bogard, former chief executive of IFG UK, owner of Sipp provider James Hay and advice firm Saunderson House.
Fletcher (pictured) said: ‘After two decades of providing financial planning and investment advice, I have decided to take my vision to the next level. London Wall Partners offers a single destination for highly tailored and personal independent financial advice.
Fletcher spent eight years as Saunderson House chief executive, quitting the firm a year ago. Co-founder Beckwith was responsible for around £5 billion of assets at Kleinwort Benson before leaving the firm in 2011.
News sponsored by:
Today's top headlines
Challenged by growing risk aversion?
Challenging financial markets over recent years have resulted in growing risk aversion among British savers and led many to seek safety in cash. Click here for more.
More about this article:
More from us
- James Hay and Saunderson House set for expansion
- Saunderson House boss Nick Fletcher quits
- Saunderson House reports 67% jump in profits