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.

Hurley hires two more from Brown Shipley as assets hit £150m

Hurley hires two more from Brown Shipley as assets hit £150m

Hurley Partners has made two further senior hires from Brown Shipley as assets at the new business reach £150 million.

The company was set up by Brown Shipley’s former head of private banking Tony Hurley (pictured centre) and chief operating officer Paul Cody (pictured left) in July of last year. Paul Harwood (pictured right), a former fund manager at Brown Shipley has also joined.

The founding trio have now been joined by Jerry Rixon, who was previously the client relationship director at the private bank, and its former private client director and head of pensions, Julie Sebastianelli.

The pair both join as partners of Hurley. Rixon will have overall responsibility for the company’s Small Self-Administered (Ssas) pension business, which includes commercial property assets. Sebastianelli will oversee its Self-Invested Personal Pension (Sipp) clients as well as providing strategic advice and financial planning to clients.

Prior to Brown Shipley, which she joined in 2007,  Sebastianelli was a director in Deloitte’s private client practice following a prior stint at Arthur Andersen. Rixon moved to Brown Shipley when it acquired Fairmount, where he was pensions director in 2001.

Since launching the firm has attracted £150 million into its discretionary service, with an additional £300 million. The Sipp market remains the key specialism of the group.

Commenting on the progress the business has made so far, chairman Hurley told Wealth Manager: 'We are very focused on keeping small self-administered or owner-directed pension funds at the core of the business. This is our central theme, which has become not quite as loved a vehicle with other financial institutions, but we love them. Everything we do has emanated from that start of the client having some form of captive pension scheme.'

Last year Hurley hired two investment managers; Henrietta Grimston, who joined from City Asset Management and Louise Easthope from UBS. David Johnson, another Brown Shipley alumni, also joined the firm’s pensions term.

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 On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

Eleanor Mahmoud goes clay shooting at the National Clay Shooting Centre with Sam Lansdowne from Thesis Asset Management

Play AA-rated Flood on gov't bonds: 'the maths doesn't add up'

AA-rated Flood on gov't bonds: 'the maths doesn't add up'

He also addresses why his Newton Multi-Asset Income fund has such a high cash weighting and why he sees renewables as such a good opportunity.

Play AAA-rated Ali: Identifying the peripheral European plays

AAA-rated Ali: Identifying the peripheral European plays

Citywire AAA-rated Tawhid Ali thinks that plenty of good stocks in the European periphery are being thrown out with the proverbial bath water.

Read More
Your Business: Cover Star Club

Profile: Brewin's Cardiff boss on the Welsh opportunity

Profile: Brewin's Cardiff boss on the Welsh opportunity

Prior to becoming head of Brewin Dolphin Cardiff, Welshman David Myrddin-Evans had only previously visited the city to watch the rugby.

Wealth Manager on Twitter