Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. 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 Investment Pulse: the highs and lows of 2014

Investment Pulse: the highs and lows of 2014

This week's Investment Pulse looks back at some of the biggest stories of the year as well as looking forward to 2015.

Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter