Former Bellpenny director Dominic Rose has joined Old Mutual Wealth to help grow its private client business
Until July Mr Rose was acquisitions and marketing director at Bellpenny, where he had been for four years.
He will now lead the London growth strategy for Old Mutual Wealth Private Client Advisers which was launched last year.
Nigel Spiers, the managing director of Old Mutual Wealth Private Client Advisers, said: “Dominic is a perfect fit for Old Mutual Wealth Private Client Advisers, joining us with strong credentials from an acquisitive national adviser business.
“Myself and all my colleagues are delighted Dominic has decided to join us at an exciting time for our new financial planning business.”
In July OMW’s chief distribution officer Richard Freeman told FTAdviser that the company’s network would probably grow at a slower rate in coming months as the emphasis was shifted to the private client business.
Mr Rose said: “Old Mutual Wealth Private Client Advisers occupies a unique space in the market, offering a wealth management service supported by the country’s leading adviser network, Intrinsic, with the strength of a parent company which is totally committed the future of the advice industry in Old Mutual Wealth.
“I’m really excited to be part of this ambitious new financial planning company and look forward to working with the rest of the team, both in London and across the country, to build on the terrific foundations already put in place.”
In June Old Mutual Wealth Private Client Advisers bought Devon-based financial planning firm DQS Financial Management, adding an extra £200m in assets under advice.
Mr Spiers has said he wants to buy 10 regional offices over the next five years.
