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.

RBC Wealth hires HSBC Private Bank's Ellis as investment head

RBC Wealth hires HSBC Private Bank's Ellis as investment head

RBC Wealth Management has appointed Daniel Ellis as head of investments for the UK.

He will replace former Cover Star Tracy Maeter (pictured), who left the company in March to return to JP Morgan as its inaugural head of investments for private clients in the UK.

Ellis joins from HSBC Private Bank, where he was most recently a managing director and head of the private bank investment group for the UK and Channel Islands, managing £12 billion of client assets.

Previously, Ellis had spells in Jersey, working for Fleming and Lloyds TSB.

In his new capacity, which includes the UK and Channel Islands, Ellis will oversee the implementation and delivery of wealth management investment solutions, working in partnership with the British Isles-based distribution and trust teams.

Starting on 1 October and based in London, he will also join the British Isles and Caribbean operating committee for RBC Wealth Management.

Ellis will report to chief executive Stuart Rutledge, who said in a statement: ‘Our ability to deliver an integrated offering to high net worth and ultra-high net worth clients is heavily reliant on the strength of our Investments platform. 

[Ellis] is a very experienced investment professional, and is perfectly placed to help execute our growth strategy.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Gutteridge and Foster discuss UK commercial property with Jason Baggaley, manager of the Standard Life Property Income investment trust

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Gutteridge puts the heat on Odey's asset allocation maestro with a couple of tough questions.

Brewin's Foster & Gutteridge: searching for the yield of dreams

Brewin's Foster & Gutteridge: searching for the yield of dreams

Guy Foster and Ben Gutteridge discuss the latest upbeat US payroll report and how it has increased the probability of a first hike in interest rates in June.

Your Business: Cover Star Club

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Growing a business is the main aim of many company owners but managing that growth in a controlled way is just as important

Wealth Manager on Twitter