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Quilter Cheviot grows UK presence with trio of top-level recruits

Quilter Cheviot, recruitsWealth management giant Quilter Cheviot has boosted its presence in the UK by hiring three experienced professionals.

CEO Andrew McGlone says the recruitment of Andrew Hannay, Rhea Wright and the returning James Rennie will ensure the firm can continue to deliver the “personal service” called for during “a challenging time for investors.”

McGlone explained the trio would work closely with private clients and intermediaries to help succeed with long-term financial goals.

The discretionary investment management firm looks after affluent and high-net-worth clients, operates out of a dozen sites across the UK, Jersey and Ireland, and was overseeing £96.9 billion in customer investments as of September 2022.

Hannay has worked in wealth management for more than two decades and will be based at the company’s Edinburgh office.

He previously held senior positions at Cornelian Asset Managers, which was bought by Brooks Macdonald in 2019, and at Speirs Jeffrey, which was acquired by Rathbones four years ago.

Wright has joined from JTC Employer Solutions and will help strengthen Quilter Cheviot’s Jersey-based team.

She has more than a decade of industry experience and previously worked at RBC Wealth Management.

Rennie originally joined Quilter Cheviot in 2016 as a trainee investment manager and went on to become their responsible investment champion.

He returns after a year with Rathbone Greenbank, the sustainable and impact division of Rathbones, and will now work out of Quilter Cheviot’s Birmingham office.

McGlone added: “We are pleased to bring a further three experienced investment managers to Quilter Cheviot and boost our presence across the UK and Channel Islands.

“The economic climate is driving demand for tailored investment portfolios and a personal service, and we want to make sure we are there for both current and prospective clients at what is such a challenging time for investors.

“Andrew, Rhea and James will also work closely with intermediaries, including financial advisers, whether that be via Quilter Private Client Advisers or from the open market.”