The Blackfinch Tailored Portfolio Service (TPS) builds on the benefits of a managed portfolio service (MPS), by adding a “high degree of customisation”, Blackfinch Asset Management said in a statement.

Financial advice firms will be able to use a number of options to shape the portfolio range including, for example, a preferred risk profile, tailored asset allocation, linking to specific investment objectives and caps to costs.

Blackfinch Asset Management said it believes financial advice firms are “seeking a greater level of ownership and control” over factors like cost and the degree of active versus passive investments they can offer, to help solve their biggest challenges when using off-the-shelf solutions.

Alongside the portfolios, Blackfinch will also provide firm-branded client literature helping firms demonstrate their value and meet their regulatory requirements.

Nick French, chief distribution officer of Blackfinch Group, said: “Tailored portfolio services are a clear example of a strategic approach that can result in significant improvements for clients in terms of lower charges and improved experience, while also ensuring the long-term viability of advice businesses that want to support families for generations.”

Head of responsible investment Ben Palmer is set to leave the company in March 2023 after more than a decade.

He joined the investment manager in 2011 as a trainee and took on his current role in August 2020.

BW Sipp

Simon Foster will become chief executive of BW Sipp – Barnett Waddingham’s Sipp business – subject to regulatory approval.

He has worked at the company for three years as head of proposition and implementation. Prior to that, he had been with Zurich for 27 years.

Moneyfarm

The digital wealth manager has named dame Jayne-Anne Gadhia as chair.

She is the founder and executive chair of fintech firm Snoop and was the chief executive of Virgin Money between 2007 and 2018.

She is also chair of HMRC and a director at UniCredit.

Now: Pensions

Claire Bowyer has been promoted to deputy chief executive of the pension provider, part of the Cardano Group.

She has been with the group since 2009 and will continue to be group partner, director and general counsel.

Blackfinch

The investment manager has named Nicholas French as chief distribution officer.

He joins from Marlborough Group, where he served as head of adviser solutions and chief executive of the Select platform for three years.

Carey Olsen

The offshore law firm has promoted Alexa Saunders to head of trusts and private wealth in Jersey.

She joined the firm in 2011 and has been a partner within the trusts and private wealth team since 2016.

Nomura Asset Management

Julian Marks has become head of hybrid bonds within the asset manager’s fixed income team, based in London.

He spent the last 15 years at Neuberger Berman where he was the lead portfolio manager for the corporate hybrid bond strategy.

Channel Capital Advisors

The UK fund manager has appointed Bhoomika Kesaria as head of investor relations.

She joins from fintech investor firm Lendable.

Saffery Champness

The accountancy firm has made a series of hires and promotions across its Guernsey and Geneva offices.

Dominic Lawton-Smith joins as trust director from Crestbridge where he led the Cayman private client business.

Additionally, Sally Hunt and Sophie Walden have become senior trust officer and compliance manager, respectively, in Guernsey.

Also in Guernsey, Claire Tersigni and Simon Ricketts have been promoted to trust managers; Lily Simmons and Denise Brehaut to senior trust officers; and Caitlin Le Gallez to people and culture officer.

In Geneva, Alexia Laird and Saskia Scheelbeek have both been promoted to trust officers.

Tellworth Investments

The UK specialist equity asset manager has recruited Jamie Seed as an investment analyst.

Seed was previously at Jeffreries and Numis and specialises in UK large and mid-cap companies.

Simon Culhane will step down as chief executive of the professional body in September 2022.

He was appointed as chief executive in May 2004 to the Securities Institute, which then had a total of 65 staff, all UK-based.

The CISI board has begun the search process to recruit the next chief executive.

Charles Stanley

The UK wealth manager has hired Patrick Farrell as head of research and chief investment officer.

He was chief investment officer for the Suncorp Group, the largest general insurance group in Australia, as well as BT Financial Group, the wealth and asset management arm of Westpac.

Lombard Odier

Stephane Herrmann has taken over as chief executive of the wealth manager’s Europe operation.

He succeeds Henry Fischel-Bock, who had expressed his wish to retire at the end of 2021.

Herrmann joined Lombard Odier (Europe) in 2019 as chief operating officer and deputy chief executive.

Elsewhere, Lombard Odier has appointed Manuela Maccia as head of product offering Europe and senior portfolio manager for Italy.

Maccia was recently director of financial products and services for the wealth management of BNP Paribas in France.

Kingswood

The international group has named Hayley Burton as managing director, head of wealth planning for Midlands and south.

She joins Kingswood from Santander Wealth, where she held the role of area manager, financial planning.

AJ Bell

Rachel Vahey has been appointed head of policy development at the investment platform.

She was previously senior technical consultant at AJ Bell, having joined the business in 2019. Prior to AJ Bell, she worked at Nucleus and Aegon.

Causeway Securities

The structured product provider has bolstered its team with two hires.

Andrej Ogorevc has been appointed chief investment officer.

He joins from Quilter, where he worked as head of investment proposition and head of structured products.

Also, Josh Clancey joins as global head of fund sales.

He joins from Praemium International and was formerly at Friends Provident International.

Sanlam Investments UK

Chris Rodgers has been appointed to the newly created role of head of investment and risk.

He will step back from his portfolio management responsibilities, having worked for many years as a senior fund manager, most recently as head of UK equities at Sanlam Investments.

Quilter Cheviot

The investment arm of Quilter has strengthened its fund research team with the hire of Ghazanfar Saleem as a fund research analyst.

He previously worked as a senior analyst at hedge fund consultant Amber Partners, and within the alternative investments team at Deloitte.

PineBridge Investments

The global asset manager has hired Nicolas Kopitsis as head of wealth management for Asia.

Kopitsis was most recently as head of intermediary distribution Asia ex-Japan for BNY Mellon in Singapore.

One Four Nine Group

The group’s in-house discretionary fund management proposition has appointed Jasper Berens to the board as an independent non-executive director.

He currently serves as head of client relationships and distribution at the UK charity investment manager CCLA.

Blackfinch Investments

The Gloucester-based investment specialist has named Mark Brownridge as strategic relationship director.

He was most recently as director general of the EIS Association (EISA), the official trade body of the Enterprise Investment Scheme (EIS).

Francesco De Ferrari will become chief executive of Credit Suisse’s wealth management division, effective from 1 January 2022.

He will also take on the role of ad interim chief executive of Emea. De Ferrari joins from AMP, where he served in a similar position from December 2018 to June 2021.

Additionally, Christian Meissner, chief executive of the investment banking arm, will become chief executive of the Americas.

Helman Sitohang and André Helfenstein have also been named chief executives of Apac and Switzerland, respectively.

Quilter Investors

Quilter’s multi-asset investment arm has hired Marcus Brookes as chief investment officer.

He joins from Schroders Private Wealth, where he held a similar role. He will be responsible for the company’s portfolio management desk.

Brookes succeeds Bambos Hambi, who will retire at the end of the year.

Allfunds

Ignacio Izquierdo Saugar has taken on the role of regional manager for Iberia and Latin America at the wealthtech firm.

He will be responsible for managing relationships with 278 institutional clients.

He succeeds Laura González, who headed the two regions on top of her role as global head of wealth management. González will now focus on Allfunds’ global expansion.

Saugar joins from Aviva, where he was chief executive of its Italian arm, and previously of its Spanish arm.

Mercer

The asset manager has made three senior hires within its investment teams.

Adam Lane and Jemma Beattie will join the investment advisory team as principals to meet growing demand from clients looking to refine their de-risking journey and investment strategies.

Alexa Shanks will take on the role of head of intermediary relations, a newly created position.

Lane was previously at PWC where he led the investment practice. Beattie was at Hymans Robertson, where she worked as an investment consultant as actuary; while Shanks was most recently at Invesco as a consultant relations director.

Blackfinch

The Gloucester-based investment firm has recruited Wayne Readshaw as executive business development manager.

He joins from Time Investment where he spent sic years as a senior business development manager.

Schroders Private Wealth

The advice joint venture of Schroders and Lloyds is expanding its presence across the UK with hired in Yorkshire and Oxford.

Mark Shay will lead the business development and partnership proposition in Yorkshire. He joins from Barclays Wealth, where he led business development across the north of England.

In Oxford, Benjamin Beck, Sophie Haslehurst and Katie Nutting have all taken on the role of financial adviser.

Carey Olsen

The offshore law firm has hired Stephanie Bernard as counsel in its trust and private wealth team in Bermuda.

Before joining, she worked at another offshore firm in Bermuda for 15 years.

Eastspring Investments

Prudential’s asset management business has recruited Stuart Wilson as head of sustainability.

He will be based in Singapore and his appointment will be effective from 10 January 2022, subject to regulatory approvals.

Wilson was previously at Australian superannuation fund Sunsuper, where he worked as head of responsible investing.

Mediolanum International Funds

The European asset management platform of Mediolanum Banking Group has appointed Jeremy Humphries as head of quantitative investments.

He will be based in Dublin. He joins from Davy Global Fund Management, where he worked as a portfolio manager.

The UK advice firm has announced that Martin Andrew has decided to step down from his role as chief executive to pursue other opportunities

He has been with CBAM for 16 years, the last 13 of which as chief executive.

Andrew will remain with the business until the spring 2022 to ensure a smooth succession. The search for a successor is underway and an announcement will be made in due course.

Credit Suisse

The Swiss headquartered bank has announced that Francois Monnet, head of private banking north Asia and chief executive of Hong Kong will retire on 31 December 2021.

Monnet spent 14 years at the bank.

In other news, Credit Suisse has strengthened in wealth management in Asia Pacific.

Benjamin Cavalli has been named head of wealth management Asia Pacific. He is currently head of private banking (PB) south Asia, Singapore chief executive and Apac sustainability leader.

Jinyee Young has been appointed deputy head of wealth management Asia Pacific. Young is currently market group head for private banking Singapore, Malaysia and south Asia Switzerland – a Zurich-based team serving clients in south Asia.

Lastly, Chien Chien Wong appointed chief executive for Credit Suisse in Singapore – in addition to her current role as the chief operating officer for Asia Pacific.

The Openwork Partnership

The advice network is currently recruiting for a chief commercial officer to replace Mike Morrow, who is leaving in February for a new opportunity after six years at the group.

In other news, Openwork has named Stuart Dodson as managing director.

He was previously managing director at Openwork member firm Newcastle Financial Advisers.

Dodson will be supported by Liam Richards. who has been promoted to strategic partner director to work with larger firms in the network from his current role as sales director at Owl Financial, the Openwork Partnership’s specialist protection advice business.

Artemis Investment Management

Paras Anand will join the investment firm as chief investment officer in early 2022.

He is currently chief investment officer for the Asia Pacific region at Fidelity International.

Anand will be replacing Matthew Beesley, who will be leaving Artemis at the end of this year.

Blackfinch Group

The independent investment firm has expanded its senior leadership team by recruiting Caroline Hallatt as chief operating officer

Hallatt joins from St James’s Place, where she was an executive director.

Standard Chartered

The banking group has hired Bongiwe Gangeni as head of consumer, private and business banking (CPBB) for Africa, Middle East, and Europe.

Gangeni will be based in Dubai,when she joins the Bank in March 2022.

She is joining Standard Chartered from Absa, where she spent the last 14 years, most recently as a member of the group executive committee, with the dual roles of deputy chief executive for retail and business banking, and head of relationship banking.

IWP

The IFA firm has named Rob Allen as managing director and David Shiel as marketing director.

Allen was previously managing director, commercial and business banking at Williams & Glyn, part of RBS.

Shiel was most recently as chief marketing officer at Cogress, a property and hotel investment company.

Jersey Financial Services Commission

The Jersey regulator has named Farooq Naeem as director of supervisory strategy and oversight and Sally Rochester as interim executive director of supervision.

Prior to joining the organisation, Naeem worked in the financial services industry for more than 21 years, including the last 11 at international regulators across the UK and the Middle East.

Rochester was previously director at Deloitte, where she supports the Crown Dependencies and Gibraltar clients and regulators with risk and regulatory services.

BNY Mellon Investment Management

The investment manager has appointed Matt Shafer as head of European distribution.

Shafer joins the firm from Natixis Investment Managers, where he was head of international distribution covering financial institutions, intermediary and retail markets, and captive assets.

Cohen & Steers

The global investment manager has named Jeffrey Palma to the role of senior vice president and head of multi-asset solutions.

Palma joins from State Street Global Advisors, where he was a managing director and head of public investments.

Gresham House

The specialist alternative asset manager has appointed Jonathan Walker and Rosie French to its sustainable investment team.

They join as sustainable investment managers.

Walker previously worked at Morgan Stanley, most recently as a research analyst within the sustainability research team, while French joins from Aberdeen Standard Investments, where she was an ESG Analyst for the European equities team.

TMF Group

The financial services firm has bolstered its support for clients looking to develop their ESG plans with the appointment of Flavia Micilotta as director of ESG solutions.

Prior to joining TMF Group, she led the sustainability practice at Deloitte in Luxembourg.