The firm believes that the new CEO is the right person to drive forward its integrated wealth management offering to its European clients.

Quilter Cheviot Europe, the Irish subsidiary of discretionary wealth manager Quilter Cheviot, has appointed Andrew Fahy as chief executive officer.

Fahy is taking over the role from Brian Weber who left the business at the end of last year.

Fahy joined the business as head of financial planning in Ireland at the beginning of 2022 to help establish QCE’s financial planning capability (as reported by WealthBriefing). He had previously worked at Brewin Dolphin Ireland where he was head of tax and financial planning. Prior to that, he held a similar position at Investec Wealth & Investment.

As part of QCE’s growth strategy, the firm is evolving its proposition to reflect the growing demand from clients who are increasingly looking for an integrated wealth management offering, the firm said in a statement.

Andrew McGlone, chief executive of Quilter Cheviot, said: “I am pleased to announce Andrew’s appointment to chief executive officer in Ireland. We see being able to offer an integrated wealth management offering (comprising of both investment management and financial planning) to our European clients as a key enabler to QCE’s growth strategy in the years to come and, given Andrew’s prior experience, we believe he is the right person to drive this forward. I would like to thank Brian for all that he has done for the business, and we wish him the very best for the future.”

Fahy added: “I am delighted to have been asked to take responsibility for QCE. Over the past year, I have helped to broaden the company’s wealth management capabilities, and in my new role I look forward to pursuing this further and helping to grow the business, while ensuring that we continue to provide top-class discretionary investment management and strong support for the external intermediary market.”