Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/wealth-manager/article/a667632
Jamie Matheson resigns from Brewin Dolphin
by David Campbell on Mar 21, 2013 at 07:21
Jamie Matheson has stepped down as executive chairman of Brewin Dolphin after eight years in the role and will be replaced by David Nicol, who joined the board from Morgan Stanley last year.
The company said that Matheson had substantially achieved the goals laid out in a strategic review in 2011 and was stepping down to devote more time to other business and charitable interests.
Chair Simon Miller said: ‘On behalf of all our employees and shareholders I want to thank Jamie for his dedication to Brewin Dolphin over the years.
‘His contribution has been immense and his strong leadership has built Brewin Dolphin into one of the UK's leading private client wealth managers, based on a total focus on client service which is core to how we will continue to develop the business.’
Nicol was director of Morgan Stanley International from 2004 to 2010, and worked at the company for 26 years in a range of roles. He is additionally a board member of the Chartered Institute of Securities.
‘Our success under Jamie's leadership has been built on meeting the individual needs of our diverse range of clients with high quality investment advice,’ said Nicol.
‘As we continue with the implementation of our strategic review, our unstinting focus on the highest levels of customer service will continue to be the hallmark of all we do.’
The change in leadership was the most significant in a series of changes to the senior management of Brewin Dolphin.
Deputy chair Simon Miller has been appointed non-executive chair, while joint head of the London office Stephen Ford will become executive director for investment management.
Henry Algeo, Ben Speke and Sarah Soar have stepped down from the board. The changes were revealed in a market update that said the company remained on course to meet market expectation.
News sponsored by:
Subscribe to Wealth Manager to get the inside track on your rivals' moves
Keep up to date with how your peers are allocating their clients' assets by subscribing to Wealth Manager magazine.
Today's top headlines
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
by Danielle Levy on May 23, 2013 at 07:20