Smith & Williamson has seen its chief investment strategist and a senior director at its Jersey office depart.
Philip Lawlor (pictured), who has more than 30 years’ investment experience and was previously head of international equities and asset allocation at Royal London Asset Management, has left the firm. He had been Smith & Williamson’s investment strategy head for four years.
Elsewhere, Quilter Cheviot has poached Lee Morris from the wealth management firm to bolster its £1.6 billion Jersey office.
Morris has joined the branch as an investment director and will focus on the fixed interest markets as well as on the firm’s international activities.
The office, headed by Tim Childe, has about 1,400 clients across the Channel Islands, the UK and Dubai. The branch, located on The Parade in St Helier, houses a 25-strong team.
Morris was previously a director of investment management at Smith & Williamson. Prior to that he was a senior investment manager at Canaccord Genuity Wealth Management.
Commenting on the hire, Childe said: ‘The appointment of Lee will help strengthen what is an already an exceptionally robust team here in Jersey and help us to grow our client base. I am delighted to welcome him on board.’