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Who's Moving Where In Wealth Management? - Amati Global Investors, Fidante, Other

Editorial Staff

4 March 2020

Amati Global Investors
Specialist asset management boutique, has appointed Colin Thomson to join its sales team.  Thomson, who was with SVM Asset Management for more than 16 years – latterly as head of wholesale distribution, with overall responsibility for business development – will be based at Amati’s Edinburgh head office. 

Thomson is responsible primarily for the Midlands and North of England regions.

Established in 2010, Edinburgh-based Amati is an independent specialist asset management boutique with a focus on UK small and mid-cap companies with circa £540 million under management (as of 2 March, 2020). It was founded following the management buyout of Noble Fund Managers from the Noble Group.

Founder Dr Paul Jourdan was a professional violinist before embarking on a career in fund management. He named the business after the great violin maker Nicolo Amati, reputed to have been the teacher of Antonio Stradivari. Some 51 per cent is owned by Amati Global Investors and 49 per cent by Mattioli Woods (one of the UK’s leading and fastest growing providers of specialist pension, wealth management and employee benefit services), the firm is headed by CEO Dr Paul Jourdan and employs some 15 people.

Fidante 
has named Alan Cole as head of cloud and operations to deliver its software-as-a-service (SaaS) offering. Cole has had similar roles at Finastra and Temenos and has worked globally across banking, and wealth and investment management.

The firm said that its SaaS offering, which provides the continuous delivery and integration of wealth management solutions via cloud-based services, should lower costs as clients no longer have to upgrade software manually or pay onsite fees to implement. “It’s all about putting our wealth management solutions at our clients’ fingertips,'' Cole said, adding that the industry is "waking up" to the potential of cloud services. "Ultimately, our SaaS offering allows wealth managers to focus on growing their business without having to worry about flexibility or scalability,” he said.