Quilter Cheviot has announced plans 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, who will join from Quilter Private Client Advisers, part of Quilter Cheviot, where he was regional director for London and the South West.
Speaking on the appointment Speake said: “I am delighted to be joining Quilter Cheviot’s Jersey team to help establish and grow its financial planning capability internationally.”
He added that the office has an “excellent reputation” and that this would be enhanced further by the benefits financial planning and investment management can bring when used in tandem.
“I look forward to working alongside our investment managers and financial planners, both in-house and third party, to help deliver great client outcomes,” he added.
Quilter Cheviot additionally stated that his appointment will be followed by a number of financial planner hires as the Jersey office grows its client-facing team on the island.
Speake will report to Tim Childe, chief executive of Quilter Cheviot International, who stated that he will bring his “extensive experience and talent” from the UK to build out the team.
The company has stated that the introduction of financial planning capabilities into Quilter Cheviot’s Jersey office will ensure it can offer international clients an integrated wealth management offering.
This will comprise 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”.
At the same time Quilter Cheviot has said it will be able to accommodate the specific circumstances of the countries the client resides in.
Childe commented that it is the company's ambition to become the leading multi-channel discretionary wealth manager in the UK, Jersey, Ireland and Dubai.
He added that the introduction of financial planning capabilities to our Jersey office is the next step in achieving this.
Childe also outlined the plans for the future, stating that the company is looking to invest in individuals that can deliver “expert discretionary wealth management with a personal approach”.
He added that it also plans to appoint “quality financial planners” to support its growth strategy.
This news comes after Quilter Cheviot Europe established a financial planning operation out of its Dublin office to serve European clients in 2022.
tom.dunstan@ft.com
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