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.

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 Volatility is back, Europe's future & Ethical's key moment

Volatility is back, Europe's future & Ethical's key moment

This week’s episode of Investment Pulse takes a look at European prospects, FTSE volatility and whether public pressure is about to provide a push for ethical investment

Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Wealth Manager on Twitter