The latest moves, appointments and personnel changes for wealth management in the UK, the rest of Europe, the Middle East and select international jurisdictions.

Brooks Macdonald
UK wealth manager Brooks Macdonald, which has £17.9 billion ($22.6 billion) in funds under management, has just made two senior hires to strengthen and broaden its executive committee.

The appointments aim to ensure that Brooks Macdonald has the expertise needed in the areas of distribution and people, to execute its strategy to Reignite Growth.

Neil Cowell has been appointed as distribution director – effective immediately. He will be responsible for Brooks Macdonald’s advisor distribution across the UK, the firm said in a statement. Cowell, who has almost 30 years’ experience in UK financial services and experience in independent financial advisor (IFA) sales, was most recently head of UK distribution Vanguard Investments UK.

Debbie Dalzell (main picture) has been appointed as chief people officer – effective 3 March. She will be responsible for creating a culture around talent, performance, engagement, and leadership. Most recently, she led the global HR function for an institutional asset manager, GAM Investments, and prior to that spent 16 years at BlackRock, latterly as human resources director. 

Lincoln
Lincoln Private Investment Office, the UK-based firm, has appointed Stuart Moss (pictured below) as a wealth planner.  
 

Stuart Moss

Moss, who has more than 20 years of experience in financial service, was previously a partner at Tavistock Select. He has attained both the Chartered and Certified Financial Planner qualifications.

“The experience and additional insight he [Moss] brings will be invaluable for the firm. We believe it is important for our clients to have a long-term strategy that is optimal from a tax and structuring perspective, and we look forward to providing our clients with access to wealth planning advice in conjunction with investment advice moving forwards,” Ross Elder, managing partner at Lincoln, said.

Monument
UK-based Monument, a cloud-native challenger bank dedicated to serving the mass affluent, has appointed Michael Morley as a board member, effective immediately.

Morley, who has more than 30 years of executive and board experience in international services, has been serving as an independent non-executive director with Hargreaves Lansdown in the UK since 2022 and with Deutsche Bank in Spain and in Switzerland. He was previously CEO of Coutts and Co and Deutsche Bank’s UK wealth management business.

He also serves as chair of the Centre for Mental Health, an independent research organisation for mental health in the UK, and as a director of Walpole British Luxury.

Morley will play a pivotal role in elevating Monument’s mass affluent offering by bringing his expertise in the high net worth sector – helping the bank to offer high quality services that are often reserved to private banking clients.

"Michael’s deep experience in private banking and wealth management is a huge asset to Monument. His expertise will help us bring high end services that are usually reserved for private banking clients to the mass affluent,” Ian Rand, chief executive officer of Monument said. “We are focused on helping our clients make the most of their money. That means hiring the right senior talent to deliver the expertise they expect."

Since its launch, Monument has seen “exceptional growth,” the bank said. In December 2024, Monument announced a new milestone of reaching £5 billion ($6.3 billion) in client deposits, amounting to an increase of 400 per cent in the past 12 months, and over 2,000 per cent in the past 18 months.