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The week in wealth management - most read on thewealthnet
14/09/2018 , News Team

Julius Baer International has made eight new hires across its London and Leeds offices to support business growth and regional expansion in the UK market.  

Ian Orton profiled Wittington Investments, a UK private investment office with revenues of £15.53 billion.

Close Brothers Asset Management (CBAM) has recruited managing director Oliver Harvey to support the growth of its high net worth bespoke investment management service. Mr Harvey previously worked as an investment director at Rathbones.
The entry process for the 2019 PAM Awards has begun and two new categories have been added to the programme. The two new categories are Sustainable Investment Solution and Positive Impact. 
Smith & Williamson has made seven partner promotions in its investment management department. Genevra Banszky Von Ambroz, Alexander Imrie, Tim Loutit, Oliver Murray and Michael Saunders have been promoted at the London office whilst John Davies has been promoted at the Bristol office and Andy Peacock at the Guildford office.
A Hungarian bank executive has become the first ever to be convicted of failing to comply with the United State's Foreign Account Tax Compliance Act and now faces a maximum of five years in prison.
New wealth management start-up Featherstone Investment Partners has appointed Alex May as director of financial planning, its latest hire following the firm’s inception earlier in 2018.
Richard Thomas, chief operating officer at Barclays UK for wealth and investments, has been recruited by EFG Private Bank in the UK to become its next chief executive  and head of the UK region.
Nick McCall, who until recently was chief executive and a director of Hay Hill Wealth Management, the  London-based wealth management firm established by Nathalie Dauriac and chaired by Lord Stanley Fink, has joined Dolfin, a wealth management platform.
We took a look at how the wealth management sector has fared over the ten years since the collapse of Lehman Brothers.

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