Former Iveagh chief investment officer Chris Wyllie has joined Connor Broadley Independent Financial Planning to head its discretionary proposition.
Wyllie, a former Wealth Manager cover star, left Iveagh after the family office was closed and its fund business sold to City Financial back in April.
He joins Connor Broadley as CIO and will take charge of its seven-strong discretionary investment management team, which runs £200 million of client money. The firm has a further £70 million in assets under advice.
The company was originally launched in 2007 by founding partners James Connor and Peter Broadley as a financial planning business but expanded to offer a discretionary service the following year. It runs a range of risk-graded multi-asset portfolios for its clients.
After an initial review of the proposition, Wyllie said he will look to expand the range to include a higher octane variant and will broaden the mix of assets held, including the use of more passive funds.
‘It felt like a very natural fit when I met James and Peter and it was a great opportunity to come in and build on their success and enhance it,’ he said. ‘I will look to broaden the range of asset classes held, introducing passive alongside active, adding more strings to the bow. It’s a case of evolution, not revolution.’