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
When Brewin's Gutteridge met BlackRock's easy Rieder

When Brewin's Gutteridge met BlackRock's easy Rieder

Following Federal Reserve chair Janet Yellen’s testimony, Ben Gutteridge, head of fund research at Brewin Dolphin, grills Rick Rieder, CIO of fundamental fixed income at BlackRock.

Play Sam Vecht: the best opportunities in frontier markets

Sam Vecht: the best opportunities in frontier markets

Blackrock's Vecht evaluates frontier markets and explains where he sees the opportunities

Play Where A-rated Pattullo is finding the best bond opportunities

Where A-rated Pattullo is finding the best bond opportunities

Henderson Global Investors head of retail fixed income explains how he is managing his fund against the surprise current monetary policy divergence.

Your Business: Cover Star Club

Profile: meet the man building Towry into an £11bn giant

Profile: meet the man building Towry into an £11bn giant

As a former engineer who worked on Hong Kong International Airport, Rob Devey is not afraid of taking on major projects

Wealth Manager on Twitter