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.

Ashcourt Rowan recruits area director from RBS

Ashcourt Rowan recruits area director from RBS

Ashcourt Rowan has named John Spink as area director for its financial planning arm.

Spink will report to Steven Midgley, who joined Ashcourt Rowan from National Australia Group last June, to head its new financial planning business.

Spink has been hired from the Royal Bank of Scotland, where he most recently served as regional director for London.

His appointment follows that of Stuart Moment as area director, who moved from a position as head of the northern region for Broadstone in January.

Wealth Manager understands that no firm geographical responsibilities have been assigned among the area directors yet.

Midgley set the recruitment drive in the context of Ashcourt Rowan’s acquisition of UK Wealth Management (UKWM) at the end of last year for up to £14.25 million. That deal added five northern offices to Ashcourt Rowan’s network, which now comprises 17 branches. Assets at the combined group now exceed £5 billion, of which £2.2 billion is discretionary and managed.

‘The area director team is key to our growth plans across the UK,’ Midgley told Wealth Manager. ‘They lead and mentor our planners, playing an important role in developing and growing our people and ensuring the quality of client experience and outcomes.’

Spink added: ‘Ashcourt Rowan is a firm that has a clear idea of where it wants to be and how to get there. It has already taken advantage of the consolidation opportunities with the recent acquisition of UKWM and I am very excited to be involved in the next chapter.’

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 JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: 'new normal' now is as dangerous as when it was applied to tech

Profile: 'new normal' now is as dangerous as when it was applied to tech

7IM's CIO Chris Darbyshire says he has been re-energised by his new role, but has little time for 'new normal' doom-mongers

Wealth Manager on Twitter