Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Arbuthnot Latham hires Sanlam PI financial planner

Arbuthnot Latham hires Sanlam PI financial planner

Arbuthnot has strengthened its ranks with the hire of Simon Reynolds from Sanlam Private Investments.

Appointed as part of the executives team, Reynolds will be responsible for providing financial planning advice to the clients of the bank and their families.

At Sanlam Reynolds was a senior financial planner providing strategic financial planning, investment and tax related advice to high net worth clients, including senior executives, business owners and entrepreneurs.

Prior to this role, he was a partner at Reeves & Co accountant.

Arbuthnot Latham’s chief executive and former Wealth Manager cover star, James Fleming (pictured), said: 'Simon [Reynolds]’s appointment further strengthens Arbuthnot Latham’s offering to entrepreneurial and executive clients at a time when we are expanding both within the UK and internationally.

'We pride ourselves on knowing what our clients require and we do this by working closely with them, understanding their needs and their aspirations. Appointments such as Simon’s will further enhance these key relationships.'

A recent update revealed headline profits at parent company Arbuthnot Banking Group rose 25% in 2013 to a total of £15.7 million, driven by a 266% increase in private banking profits from £2.1 million to £7.7 million.

Discretionary assets managed by private client division grew 40% to £619 million over the year, a period which included the opening of the company’s first overseas branch in Dubai.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Navigating geopolitical risk with ETFs

Navigating geopolitical risk with ETFs

ETFGI’s Deborah Fuhr on how investors can use exchange-traded funds to position their portfolio.

Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Your Business: Cover Star Club

Profile: How David Esfandi is shaping Canaccord Genuity WM

Profile: How David Esfandi is shaping Canaccord Genuity WM

After six months as chief executive of Canaccord Genuity David Esfandi's ambitions are taking shape

Wealth Manager on Twitter