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.

Tim May to step down from WMA

Tim May to step down from WMA
Tim May (pictured) is to step down as chief executive of the Wealth Management Association (WMA).

He will be replaced by Liz Field, who takes over in September. Field was previously chief executive of the Financial and Legal Skills Partnership and has experience in wealth management and broader financial services.

She was previously CEO of the Financial Services National Training Organisation, the Banks and Building Societies National Training Organisation, and the Insurance Industry Training Council; and spent four years as head of organisational development at Gerrard.

Over the past four years, May has headed theWMA through the introduction of the retail distribution review and its renaming from the Association of Private Client Investment Managers and Stockbrokers.

WMA chair Tim Ingram said: 'Tim has done a fantastic job leading the WMA over the last four years, taking the organisation through a period of significant change, and we are sorry that he has decided to step down.

'The significant increase in recent times in the membership and profile of the WMA is a clear tribute to his achievement. We wish him the very best in his future endeavours.

'We are delighted to have secured someone of Liz Field’s calibre. Liz brings many years of experience in leading trade organisations, championing the work of sectors in the financial services area, together with a good knowledge of wealth management, having worked at Gerrard.'

May added: 'I’m proud of the WMA’s achievements on behalf of our community of firms and their four million clients. After four years of endeavour, backed by a great team of staff, I’m looking forward to assisting Liz up to our Annual Conference on six October 2014. I wish her and the community well for the future.'

Field said she was looking forward to taking over the WMA at an important time for the sector.

'Businesses operating in the wealth management sector are facing many challenges both in the UK and in the international market place. I am excited about helping the WMA membership to navigate through the many changes and challenges they are facing and to support in promoting the sector.'


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: Yuan direction

Brewin's Gutteridge: Yuan direction

This week Brewin Dolphin's research head chats to Fidelity Asian Investment Directors Jenny Lee and Gary Monaghan about the big changes in China.

Play On the Road Challenge: horsing around on the polo pitch

On the Road Challenge: horsing around on the polo pitch

Libby Ashby takes to the polo pitch with Stuart Leigh-Davies from Redmayne-Bentley for an 'On the Road' challenge.

Brewin's Gutteridge: where Miton's Godber sees value

Brewin's Gutteridge: where Miton's Godber sees value

This week Brewin Dolphin's research head talks to George Godber, co-lead fund manager of the Miton UK Value Opportunities fund, about value investing.

Your Business: Cover Star Club

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Rathbones’ Glasgow office has only been open for three months but the team, led by Angus Kerr, has already attracted new clients

Wealth Manager on Twitter