Broker: Brunel Launches HNW Financial Planning Division

This bit of news could be interesting for many independent insurance brokers, looking to exit their business this year, as consolidation continues to gather momentum in the UK. Brunel Group have announced their latest venture with the launch of Brunel Wealth Ltd, an independent financial planning and wealth management firm.

This is an exciting step for the Group as they expand into the financial planning sector; with Iain Black (formerly owner of Deverill Black Limited) as Managing Director, alongside Partners Alex Nicklin, Head of Private Client and Carl Tuttiett APFS, Head of Financial (both formerly Tilney).

This is the Group’s second subsidiary launched within the last twelve months, following the announcement of Brunel Employee Benefits in September 2019.

Brunel Wealth will initially operate from Brunel Group’s head office in Bristol, adding to the 70 members of staff already in Bristol, recruitment for the London and Manchester offices is under way. Brunel Wealth will provide financial planning and wealth management to private clients, businesses, business owners, high-net-worth individuals, charities and trusts.

With complete market access and a truly client-focussed approach, Brunel Wealth’s advisors will build a bespoke financial plan based on client objectives and conduct extensive research to establish next steps and relevant solutions, supporting a positive pattern of financial growth for clients.

Already one of the UK’s fastest growing insurance brokers, this expansion into a new sector affirms the Group’s reputation and highlights its success over the past 12 months.

“I am excited to be involved in the launch of Brunel Wealth and the opportunity to build the highest quality Financial Advice and Wealth Management business” said Managing Director Iain Black.

 “With Carl and Alex on board at launch we have demonstrated our commitment to building a professional team capable of providing the highest quality advice to clients from day one. We will add further quality to the team in both advice and administration in the coming months.”

 Group CEO Russell Lane commented, saying “Following huge growth across the Group, I am delighted to welcome Iain, Alex and Carl to head up our new financial services business, all of whom have distinguished reputations within the industry. The team bring extensive knowledge and experience within the wealth management sector, as well as a commitment and long-term vision for the company and our clients.”

About alastair walker (3103 Articles)
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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