People Moves

Irwin Mitchell's Financial Planning Arm Names New CEO

Tom Burroughes Group Editor London 19 March 2024

Irwin Mitchell's Financial Planning Arm Names New CEO

The new CEO is taking the helm from a man who has served in the role for two decades, raising it from a startup to a business with about 75 people.

Irwin Mitchell’s financial planning business IM Asset Management Limited has appointed wealth manager Stewart Sanderson as its new CEO. 

Sanderson is taking over from Richard Pott, who has retired. Sanderson’s appointment is subject to regulatory clearance, Irwin Mitchell said in a statement yesterday. 

Prior to this role, Sanderson was a senior director and head of the UK private client proposition for Brooks Macdonald. 

In total, Sanderson has more than 25 years’ experience of UK wealth management at firms such as Seven Investment Management, Lloyds Private Banking and Coutts & Co. He has also developed and led other private client businesses across London, Edinburgh, and Jersey.

IM Asset Management has about £1.2 billion ($1.5 billion) in assets under management. Its clients include those who have received damages following serious injuries as well as high net worth clients from sporting and business backgrounds.

Potts led IM Asset Management Limited for 20 years, taking it from a startup business to one with about 75 colleagues.

In January IM Asset Management appointed Lynzi Harrison as a new non-executive director. 

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes