Ian Sweet is to step down as interim CEO of Skybound Wealth Management "by mutual agreement " as Mike Coady becomes the firm’s new chief executive officer, working alongside Husain Rangwalla, Josh Burton, and Peter Gollogly.
Coady (pictured) said in a statement to 'partners' in the business on 30 April that his appointment "comes after thoughtful consideration by the shareholders of the Company and is aimed at aligning our strategies with the evolving needs of the market and our future growth objectives".
He further said: "I am truly excited to lead SWM and build upon the solid foundation laid by the senior management team. Together, we will drive our mission to provide market-leading wealth management services, ensuring our clients achieve their financial goals and aspirations."
Coady has a longstanding career in the industry notably spending over ten years at deVere Group including as european director from 2011 to 2015. He became full-time chief commercial officer at Skybound in February 2024 and he has been a financial coach and mentor since 2018.
Sweet said: “I have been involved with Skybound Wealth Management over many years and it’s time to move on to pursue other things I am interested in. I have many fond memories and worked with some wonderful people, many of whom are good friends. I wish them all well as they continue onwards.”
Coady added: "Our commitment to excellence and delivering superior service to our clients remains unwavering. With this leadership transition, we aim to enhance our offerings and explore new opportunities that will benefit both our clients and our partnership with you.
"I am excited about the future of SWM and the opportunities that lie ahead. I believe that by working together, we can achieve even greater success."
