Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/wealth-manager/article/a666538
Barclays' head of wealth advisory to depart
by Danielle Levy on Mar 18, 2013 at 07:49
Barclays head of wealth advisory Philip Smith is to leave the bank.
Smith, a former Wealth Manager cover star, is leaving Barclays after five years at the bank, where he was responsible for its advisory, tax and trust propositions and post-retail distribution review strategy.
A spokesperson for the bank confirmed his departure and said a replacement would be appointed in due course. It is understood Smith’s departure is not linked to a restructure or shake-up of the management team.
Prior to Barclays, Smith headed UBS Wealth Management’s high net worth UK proposition. Previous to this he was a partner at Scott Goodman and Harris, which was later sold to UBS.
His first career was a world away from wealth management, comprising a 10-year stint in the Royal Navy’s Fleet Air Arm, flying Sea King helicopters.
Last month, Barclays announced that it was going to reverse on plans to levy an administration fee on product providers.
The bank has also been active elsewhere recently, hiring Elizabeth Bird from UBS Wealth Management and Samantha Beach from Coutts for its Manchester office in February.
News sponsored by:
Today's top headlines
More about this:
Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
On the road
on May 24, 2013 at 11:32