Walker Crips has hired former Rothschild Asset Management US equities head Crispin Cripwell as part the firm’s drive to focus on its wealth management business.
Cripwell joins the firm as an investment manager. In his new role he will focus on running portfolios for private clients, including family trusts, charities and high net worth individuals.
His career has spanned almost 25 years, some 15 years of which were spent in institutional fund management.
Latterly, he had been a director at Ashcourt Rowan Asset Management, which was acquired by Towry in May 2015, a position he held for more than nine years.
Prior to that, Cripwell was director of global equities at Baring Asset Management for two years from 2004 to 2006, a post he took up after exiting Rothschild AM after four years in 2004. He started his career at Morley Fund Management, which later merged with Norwich Union Investment Management in 2008 to become Aviva Investors Global Services.
Cripwell said: ‘I am excited to be joining Walker Crips. The firm’s focus on customer service and lasting relationships, its strong balance sheet and first class systems create a compelling proposition for clients.’
Walker Crips, which reported £4.8 billion of assets under management in March, has been focusing on growing its wealth management offering. As part of this, the firm sold its corporate bond fund, the TB Walker Crips Corporate Bond fund, to Smith & Williamson Investment Management last month.