Rothschild & Co has tapped a Barclays wealth manager to establish a new wealth management office – the latest in a number of client-facing hires.
Rothschild & Co, which is opening a new wealth management office in Leeds to continue its UK growth, has appointed former Barclays wealth manager Alison Probert to establish it.
The appointment is the latest in a number of client-facing hires and office openings across the firm’s UK wealth management business in the last 12 months, which include establishing a Birmingham office in 2021.
Probert will work with Rothschild & Co’s global advisory business, established in Leeds for more than 25 years. As the global advisory business guides business owners and shareholders through the sale of their companies, Probert and the wealth management team will advise these clients on the best way to protect and grow the proceeds for their families’ security through long-term investment and wealth structuring strategies.
Probert has joined Rothschild & Co with immediate effect from Barclays Wealth & Investment Management, where she spent 11 years working with wealthy individuals and families with assets across the north of England – most recently focused on the Leeds and Yorkshire area. Before joining the wealth management industry in 2011, she worked as a corporate lawyer for Pannone for seven years, providing legal advice on aspects of corporate finance including company acquisitions and disposals and private equity transactions.
“The momentum we are experiencing across our UK Wealth Management business, combined with the success of our existing offices in Manchester and Birmingham, makes opening an office in Leeds an obvious next step,” Helen Watson, chief executive officer of Rothschild & Co’s UK wealth management business, said.
“We are thrilled that Alison has agreed to join us to support this expansion. She has spent more than a decade working closely with wealthy families and entrepreneurs, drawing on her previous experience as a corporate lawyer, to solve often complex investment management and wealth structuring situations. This skillset, combined with her local knowledge and contacts, make her the ideal person to meet the growing demand from clients for our services in Leeds and across the region.”
Rothschild & Co’s UK wealth management’s business has offices in London, Birmingham, Guernsey, Manchester and now Leeds. Recent hires include Justine Walley and Nathan Long in Guernsey; Tim Eastwood in Birmingham; and Holly Jennings, Donald Nartey and Joanna Livesey in London. James Fenwick was also appointed as a senior advisor to the business earlier in the year, focusing on clients in the north east.
The private banking and investment house has been busy of late, naming banking veteran Naina Lal Kidwai as senior advisor for India last week.