Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Hires underline Brown Shipley's plans for growth

3 Comments
Hires underline Brown Shipley's plans for growth

Brown Shipley has named Peter Stiles as the head of its Manchester office following a series of promotions and hires which underscore the group’s ‘ambitious’ growth plans, the company said.

The business has also strengthened its Birmingham team with the hire of Paul Hetherington from Coutts, who joins as a private banking senior manager.

Stiles has been with the group for 27 years, latterly as a private client director, and his promotion comes shortly after the Manchester-based firm promoted previous incumbent Julian Hardiman to the newly created role of head of private banking.

Hetherington joins with a remit to help ‘expand the bank’s client base in the counties surrounding Birmingham’.

Brown Shipley’s Birmingham office has a history of taking on Coutts staff. In 2011 it poached senior private client partner Anne Brookes and two private bankers to expand its presence in the city.

In December, Brookes was named as head of the office, while Charles Fotheringham was appointed head of its Edinburgh branch with the aim of building up its presence in the Scottish capital.

Brown Shipley said the reshuffle is part of an ‘exciting and ambitious’ plan to grow assets under management and Stiles added he had ‘ambitious goals’ for the Manchester office in 2013.

‘Peter’s appointment is a clear indication of the contribution he has made during his time at Brown Shipley. This should be an exciting year for us as we work towards our strategic objectives,’ Hardiman said.

Stiles will continue to run client money but will also have overall responsibility for the Manchester office’s investment management, banking and financial planning teams.

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 Picton: the UK property hotspots for rental income

Picton: the UK property hotspots for rental income

Picton Property Income CEO Michael Morris reveals how he is planning to ride the ‘ripple effect’ as UK economic growth spills out from the capital across the country.

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

This week Brewin Dolphin's head of research talks to Mike Riddell, fund manager at Allianz Global Investors, about the forces driving bonds markets in a tumultuous week for markets.

Play Henderson's Hermon: how to be defensive in smaller caps

Henderson's Hermon: how to be defensive in smaller caps

Hermon, who manages the Henderson Smaller Companies trust, talks about he will tackle a 'challenging' 2016.

Your Business: Cover Star Club

Profile: 'what we are doing at Mosaic is Darwinian'

Profile: 'what we are doing at Mosaic is Darwinian'

The changes in financial services over the last few years may leave some destitute warns Marco Sambucci of Mosaic Money Management

Wealth Manager on Twitter