The new financial planning office and hire in Dublin – designed to serve its European clients – is also part of the firm’s evolutionary growth strategy.
Quilter Cheviot Europe, the Irish entity of discretionary wealth manager Quilter, has appointed Andrew Fahy (pictured) as head of financial planning, as it prepares to establish a financial planning proposition in Ireland.
Fahy is joining the business from Brewin Dolphin Ireland, where he was head of tax and financial planning. Prior to that, he held a similar position at Investec Wealth & Investment. Joining with immediate effect, Fahy will report into Brian Weber, chief executive at Quilter Cheviot Europe.
As part of the firm’s growth strategy, it is establishing an
integrated investment management and financial planning offering
across its office network to complement the work it does with
intermediary contacts to deliver a tailored wealth management
This latest move will establish the financial planning operation from QCE’s Dublin office to serve European clients, where it is seeing, as is the case in the UK, an increasing demand from clients for financial planning as well as investment management.
The move enables QCE to deliver holistic financial planning and
investment management to higher net worth clients, as well as
continuing to support the external community at the same
QCE currently manages just over 1,500 clients and expects to grow the Dublin office over time to support the new financial planning proposition and its growth ambitions.
“Increasingly clients are looking for a modern-day wealth management offering, and this goes well beyond just investment management. Their needs can be incredibly complex, so by combining financial advice with wealth management, while also nurturing our existing intermediary contacts, we are well positioned to be able to offer a best-in-class service for a variety of circumstances,” Brian Weber, chief executive at Quilter Cheviot Europe, said.
“Quilter Cheviot Europe recognises the benefits that financial planning and investment management can bring for clients when delivered in tandem. Effective longer-term wealth planning often necessitates both financial and investment management, and I look forward to working alongside our investment managers and financial advisers, both in-house and third party, to help to deliver great client outcomes,” Andrew Fahy, head of financial planning at Quilter Cheviot Europe, said.