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.

Brown Advisory lures Fleming Family chief in double hire

Brown Advisory lures Fleming Family chief in double hire

Institutional and private client firm Brown Advisory has brought Simon Peck and Quintin Ings-Chambers to its London team.

The pair join as head and deputy head of Brown's UK private client services and will take charge of building out the firm's capabilities in Britain.

Prior to joining the firm, Peck served as chief executive of the UK asset management business of Fleming Family & Partners, which he joined in 2004.

Ings-Chambers comes to Brown having previously worked as an investment director at SGPB Hambros.

Brown Advisory was founded back in 1993 within American investment bank Alex  Brown & Sons.  Over nearly 20 years it has amassed £20 billion in institutional and private client assets.  It manages roughly £10 billion for families and high net worth investors globally.

Brown expanded its operation into London in 2008 and its latest hires will help provide UK investors and families with strategic advice.

'For several years we have advised some prominent US expats in London and as increased regulation has made it difficult for UK wealth managers to work with Americans, we believe this is an area of great opportunity for us,' said Logie Fitzwilliams, head of Brown Advisory's international business.

The onset of Fatca is understood to have seen some private client operators move away from this area, owing to its administrative burden to inform US legislators about the tax affairs of Americans living abroad as well as investors with positions in US-based investments.

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 Potential US rate rise, cheap oil & the Europe opportunity

Potential US rate rise, cheap oil & the Europe opportunity

This week we analyse the implications of a possible rise in US interest rates, the impact of cheap oil and the European equity opportunity.  

Play Carmignac's Crowl: what QE could mean for Europe

Carmignac's Crowl: what QE could mean for Europe

The ECB is widely expected to finally fire its QE gun this week. Carmignac's Sandra Crowl discusses the implications for the eurozone.

Play Grexit worries, currency wars and a grizzly outlook for 2015?

Grexit worries, currency wars and a grizzly outlook for 2015?

The first Investment Pulse of the year looks at the potential impact of Greece leaving the euro, volatility in currency markets and the UK’s economic prospects.

Your Business: Cover Star Club

Profile: DIY investing is biggest threat to industry, says Whitechurch

Profile: DIY investing is biggest threat to industry, says Whitechurch

The industry is at risk of pushing potential investors down the DIY route unless it does more to make its services accessible says the Whitechurch Securities boss

Wealth Manager on Twitter