Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Senior Close director departs for boutique

Senior Close director departs for boutique

William Ladenburg, a senior director at Close Brothers Asset Management, has departed for boutique Sparrows Capital.

Ladenburg, who was at Close Brothers for more than five years, had worked as a private client director and was previously an investment associate at WH Ireland.

Joining Sparrows Capital as a director, Ladenburg has been tasked with helping to grow the business.

‘I am looking to get out there and spread the message,’ he said. ‘My role is split between looking after clients and business development.’

At present, Sparrows Capital looks after six clients and has circa £150 million in assets under management.

Ladenburg is looking to expand the firm’s range of clients to include ‘quasi-institutional clients, trusts, charities and ultra-high-net-worth individuals with investable assets upwards of £5 million’ through promoting the firm’s factor-based investment process.

A Close Brothers spokesperson said Ladenburg’s role had been taken on by the existing team and additional hires made at the beginning of the year. 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Your Business: Cover Star Club

Profile: how Tiller believes it's cracked robo-profitability

Profile: how Tiller believes it's cracked robo-profitability

Ian Cadby and Jonathan Wauton of Tiller Investments believe they have developed the next generation of digital wealth platform.

Wealth Manager on Twitter