Who’s Moving Where In Wealth Management? – Responsible Group, Cazenove Capital, Ocorian
The latest moves and appointments in wealth management in the UK, the rest of Europe, the Middle East and other select locations.
UK-based later life specialist Responsible Group, in which insurer Royal London has a 30 per cent stake, has made two hires in its broker and lending arms.
Tom Moloney is joining Responsible Life as advice director while Chris Flowers has been appointed intermediary sales director at lending arm, Responsible Lending.
Moloney has specialised in equity release for more than 20 years for companies including Legal & General and debt charity, StepChange. Flowers is joining from Pure Retirement where he served in senior roles for eight years, most recently as head of intermediary sales.
The firm, based in Plymouth in the southwest, was founded in 2010. It claims to be the first firm to introduce a service including all the later life lending product types available to over-55 mortgage clients.
Cazenove Capital, the wealth management arm of Schroders, has appointed Oliver York as portfolio director, in response to continued client demand in the North East of England.
The newly-created role follows the appointment of another senior hire in the North East, Stephen Wilson, portfolio director, who joined the firm in July 2022.
York brings over 10 years’ experience in the financial services industry, the firm said in a statement. He has previously advised business owners, entrepreneurs, high net worth individuals and their families on all aspects of their wealth at both Brewin Dolphin and UBS.
He will work with Simon Pearson, Cazenove Capital’s regional head for the North of England, to service the existing client base, as well as supporting the growing community of business owners and entrepreneurs, the firm continued.
The announcement completes Cazenove Capital’s growth ambitions for 2022. Since January 2020, the firm has appointed 18 senior hires across the country and opened offices in Manchester and Birmingham, adding to its presence in Oxford, Chester, Edinburgh, Bristol, and London.
York said: “I am thrilled to be joining Cazenove Capital at a time when the business is growing rapidly across the UK. Cazenove Capital has a proven global investment proposition, covering all areas of wealth management for its clients.”
Karan Sejpal, head of business owners and entrepreneurs, and head of regions at Cazenove Capital, added: “Today’s announcement completes our extensive UK regional expansion for 2022. We now have portfolio directors operating in all of the key regional hubs. Oliver is the second regional hire in the last six months covering the North-East – demonstrating, not only our ambition to continue expanding our regional footprint, but also the client demand for tailored wealth management.”
Ocorian, a specialist in fund administration, capital markets, corporate and fiduciary services, has hired Roel Langelaar as managing director of Ocorian for the Netherlands, as the firm strengthens its senior management team.
Based in Amsterdam, he will be responsible for client services, business development, relationship management and risk and compliance in the Netherlands, the firm said in a statement late last week.
Langelaar, who brings more than 25 years' experience in the regulated international financial, corporate and client services delivery industry, was most recently managing director and jurisdictional head of corporate services at Aztec Group.
Welcoming the move, Frederik van Tuyll, chairman and CEO at Ocorian said: “The appointment of Roel underlines our commitment to growth and I look forward to working with him as we continue to build our global team.”