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.

Sanlam PI hires Arbuthnot man for new office

Sanlam PI hires Arbuthnot man for new office

Sanlam Private Investments (SPI), the discretionary fund management arm of Sanlam Group, is opening an office in Eastbourne.

The branch will be headed by Lee Clark, who has joined from Arbuthnot Latham, where he was a chartered financial planner.

Ian Porter (pictured), Sanlam’s head of wealth management, said: ‘We know we have some holes in our geographic coverage, and while a lot of other firms will focus on Brighton, we think Eastbourne has more going for it in terms of the private clients we want to deal with.

‘To my knowledge there is no other business like ours, a full service wealth management firm, in the region.’

The office, which will open on 24 March, will target trustees, partners and the directors of businesses both pre and post-retirement.

Clark joined Arbuthnot Latham in 2010, having held similar roles at multinational banking groups. He also spent some time developing a UK charity’s financial services offering.

Porter said: ‘Lee is an outstanding individual, and his appointment fits with Sanlam having recently attained charter firm status.

‘We share a certain outlook about what a good advisory business looks like, while sharing a passion for wanting to build a presence on the South coast. We’ll let him build a whole branch around himself.’

Porter, a former Wealth Manager cover star, joined SPI in January 2013 from Alexander Forbes, where he held a similar position.

SPI manages £1.9 billion in assets in the UK.

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 Big City Bright Future

Big City Bright Future

Big City Bright Future, the brainchild of BlackRock, is a three-week work experience programme for school leavers looking to forge a career in the City.

Play Kames' Ennett: Trump good for US high yield, but beware Europe

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Play Philip Milburn: why inflation won't run out of control

Philip Milburn: why inflation won't run out of control

Kames bond fund manager views inflation as more of 'scare' than a 'problem' and is positioning his portfolios accordingly.

Read More
Your Business: Cover Star Club

Profile: change is the only constant for Quilter Cheviot

Profile: change is the only constant for Quilter Cheviot

This is not the first time we have profiled David Miller, but at the time of his previous appearance his company looked very different.

Wealth Manager on Twitter