Wealth Manager - Essential news for investment professionals

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

Ashcourt Rowan hires Brewin's Legge to lead outsourcing push

Ashcourt Rowan hires Brewin's Legge to lead outsourcing push

Brewin Dolphin intermediary business manager Chris Legge has joined Ashcourt Rowan Asset Management (ARAM).

Legge ends an eight-year spell at Brewin to take up the head of intermediary services post at ARAM where he will lead the firm's push into the outsourcing market.

In his new capacity he will focus on broadening the reach of the firm's managed portfolio service among advisers.

ARAM chief executive Harry Burham said in a statement: 'Our managed portfolio services have a great three year track record in meeting the needs of IFAs’ clients and our bespoke service draws from the same central research capability.

'Having consulted extensively across the IFA industry, we have a clear and simple offering built around a highly competitive price structure. We aim to provide a leading level of service for professional intermediaries looking to work with a firm that understands them, their business needs and the ability to ensure their clients’ risk tolerance is properly understood and accounted for.'  

Prior to joining to Brewin Dolphin, Legge served as intermediary business development manager at Gerrard Investment Management from 2001, until it was acquired by Barclays in 2005.

Before this he held the same role at Williams de Broe, where he was responsible for establishing and building a new private client base for the bank.

'These are exciting times in the IFA market and we belive our proposition will help IFAs in the battle to meet client needs and demonstrate value added. I look forward to reviewing old acquaintances and opening new doors with Ashcourt Rowan,' Legge said.

The appointment follows the recent acquisition of assets from Generali Portfolio Management, along with a team of seven employees led by Alan Arscott and David Barber, lifiting Ashcourt's discretionary assets under management to £2.1 billion.  

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 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.

Play Tesco, Japan and the rise of the central banker

Tesco, Japan and the rise of the central banker

 Libby Ashby and leading wealth managers scrutinise the food retail sector, Japan’s consumption tax hike and political risk in the markets.

Your Business: Cover Star Club

Veteran banker boosts Sanlam’s stockbroking team

Veteran banker boosts Sanlam’s stockbroking team

A veteran private banker has been recruited by Sanlam Private Investments to strengthen its advisory stockbroking team.

Wealth Manager on Twitter