Discretionary wealth manager Quilter Cheviot has today (28 September) announced its plan to establish a financial planning proposition for international clients serviced out of its Jersey office.
To create this, it has appointed Kevin Speake as head of advice, reporting to Tim Childe, head of the Jersey office and International.
Speake joins the team from UK-based Quilter Private Client Advisers, part of Quilter Cheviot where he was regional director for London and the South West.
His appointment will be followed by a number of financial planner hires as the Jersey office grows its client-facing team on the island.
The introduction of financial planning capabilities into Quilter Cheviot's Jersey office ensures it can offer international clients an integrated wealth management offering comprising of both financial planning and investment management. It also now means Quilter Cheviot will be able to give a consistent offering to higher net worth clients across the UK, Europe and internationally, while being able to accommodate the specific circumstances of the countries the client resides in.
This news comes after Quilter Cheviot Europe established a financial planning operation out of its Dublin office to serve European clients in 2022 and the UK national advice business, Quilter Private Client Advisers became part of Quilter Cheviot in 2021.
Tim Childe, chief executive officer of Quilter Cheviot International said: "It is our ambition to become the leading multi-channel discretionary wealth manager in the UK, Jersey, Ireland and Dubai and the introduction of financial planning capabilities to our Jersey office is the next step in achieving this.
"As one of Jersey's largest wealth management firms, we are always looking to invest in individuals that can deliver expert discretionary wealth management with a personal approach and plan to appoint quality financial planners to support our growth strategy.
"Along with the future financial planner hires, Kevin will bring his extensive experience and talent from the UK to build out the team and give the Jersey office the opportunity to offer a best-in-class service for international clients with a variety of needs and circumstances."
Kevin Speake, head of advice in Quilter Cheviot's Jersey office added: "I am delighted to be joining Quilter Cheviot's Jersey team to help establish and grow its financial planning capability internationally. The office has an excellent reputation, and this will only be enhanced further by the benefits that financial planning and investment management can bring when used in tandem with each other. I look forward to working alongside our investment managers and financial planners, both in-house and third party, to help to deliver great client outcomes."
