Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

WH Ireland hire spree sees Charles Stanley trio join to launch office

WH Ireland hire spree sees Charles Stanley trio join to launch office

WH Ireland is increasing its investment manager headcount by 10% after a double swoop on Canaccord Genuity and Charles Stanley, which will see the firm open a new regional office in Milton Keynes.

The stockbroker is hiring a three-strong team from Charles Stanley’s Milton Keynes branch, including office head Paul Wilson.

Wilson joined Charles Stanley in 1999 as a stockbroker and replaced Michael MacDougall as branch manager in October last year after the latter retired.

He joins WH Ireland’s new office as an investment director. His colleagues Nicholas Fox and Robin Innes-Kerr, both investments managers, will move over when their notice periods finish.

The trio will continue running discretionary and advisory funds when the office is opened in September.

Additionally, a four-strong team is joining WH Ireland from Canaccord Genuity’s London office. Vincent Ferguson, Martin Guilbert and Turon Miah are joining as investment directors, along with associate director Andrew Little, who will join the London office after serving his notice period.

The hiring of the two teams will result in a 10% increase in WH Ireland’s investment manager headcount, which is now up to 70.

‘These appointments are evidence of our growth initiatives to extend our capabilities and selectively add high quality individuals and new offices, following the successful opening of our Isle of Man office earlier in 2014,’ WH Ireland chief executive Richard Killingbeck (pictured) told Wealth Manager.

The hires are expected to assist in growing the group’s £2.5 billion of assets under management.

Meanwhile, Charles Stanley said Paul Neanor remains at its Milton Keynes branch and will take over the day-to-day running of the office.

It is understood he will be joined by other Charles Stanley staff who will move over from the group’s Cambridge, London or Midland branches.

‘Seeing as it’s only three of the investment managers leaving, we would expect to retain a significant portion of the business and we will concentrate on the clients as they go on their gardening leave,’ a spokesperson for the firm told Wealth Manager.

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 Insight's Waddington reveals infrastructure plays post-Carillion

Insight's Waddington reveals infrastructure plays post-Carillion

Post-Carillion Steve Waddington is still finding attractive plays in infrastructure.

1 Comment Play Mark Stevenson: oil is the dumbest place to put your money

Mark Stevenson: oil is the dumbest place to put your money

Futurist Mark Stevenson says that investing in oil is not just a risk to the environment but also your investment.

Play Boutique tapes: my business will never be sold

Boutique tapes: my business will never be sold

In the final part of our four part series we discuss consolidation and whether it's getting tougher for boutiques to survive.

Read More
Your Business: Cover Star Club

Profile: how this boutique beat the big guns of wealth

Profile: how this boutique beat the big guns of wealth

This small west country offshoot of a local IFA scooped a 2018 Citywire award from beneath the noses of the national challengers

Wealth Manager on Twitter