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Quilter Cheviot appoints Nick Holmes as Managing Director.

M2 PRESSWIRE-August 14, 2019-: Quilter Cheviot appoints Nick Holmes as Managing Director



Quilter Cheviot has appointed Nick Holmes as Managing Director to support the firm's ongoing growth strategy and drive a number of new initiatives.

Nick joins from Brooks Macdonald where he has spent his entire career to date, starting as an trainee investment manager 22 years ago, and rising through the ranks to become Managing Director; leading the investment management business between 2008 and 2018.

Quilter Cheviot Chief Executive, Andrew McGlone said: "I am delighted to welcome Nick to our business as we share a similar vision of the opportunities and challenges our industry faces. During his time at Brooks Macdonald, Nick led the business through a number of milestones and I very much look forward to seeing him achieve similar success here at Quilter Cheviot."

Nick said: "I am delighted to have joined Quilter Cheviot, a firm that is renowned for delivering consistently strong investment performance and high quality service for its clients. The firm is clearly on a growth trajectory, so it is an exciting time to come on board and I am really looking forward to contributing to its future success and working with its talented individuals to deliver the best possible service to its clients and intermediary supporters."

A total of 14 investment managers have joined Quilter Cheviot across 10 of its offices this year to date, and last month plans were announced to open a 14th office in Leeds.

Investors should remember that the value of investments, and the income from them, can go down as well as up. Investors may not recover what they invest. Past performance is no guarantee of future results.

Any mention of a specific security should not be interpreted as a solicitation to buy or sell a specific security.

For more information please contact:

Sophie Gorman (Quilter Cheviot) 0207 150 4246

Neha Popat (Quilter Cheviot) 0207 150 4366


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Quilter Cheviot

Quilter Cheviot, part of Quilter plc, is one of the UK's largest discretionary investment firms and can trace its heritage to 1771. The firm is based in 12 locations across the UK, Jersey and Ireland and has total funds under management of [pounds sterling]24.1bn (as at 30 June 2019). Quilter Cheviot focuses primarily on structuring and managing bespoke discretionary portfolios for private clients, charities, trusts, pension funds and intermediaries.

Quilter Cheviot Limited is registered in England with number 01923571, registered office at One Kingsway, London, WC2B 6AN, England. Quilter Cheviot Limited is a member of the London Stock Exchange; is authorised and regulated by the UK Financial Conduct Authority; has established a branch in Jersey and is regulated under the Financial Services (Jersey) Law 1998 by the Jersey Financial Services Commission for the conduct of investment business in Jersey and by the Guernsey Financial Services Commission under the Protection of Investors (Bailiwick of Guernsey) Law, 1987 to carry on investment business in the Bailiwick of Guernsey; is regulated by the Dubai Financial Services Authority as a Representative Office (and its business name in Dubai is Quilter Cheviot Limited (DIFC Representative Office)). Quilter Cheviot Europe Limited, trading as Quilter Cheviot and Quilter Cheviot Investment Management, is regulated by the Central Bank of Ireland. Registered in Ireland: No. 643307. Registered Office: Hambleden House, 19-26 Lower Pembroke Street, Dublin D02 WV96. Accordingly, in some respects the regulatory system that applies will be different from that of the United Kingdom.

Notes to Editors:

About Quilter plc:

Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

Quilter plc oversees [pounds sterling]118.4 billion in investments (as at 30 June 2019).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset investment solutions; and discretionary fund management.

The business is comprised of two segments: Advice and Wealth Management and Wealth Platforms.

Advice and Wealth Management encompasses the financial advice business, Quilter Financial Planning; the discretionary fund management business, Quilter Cheviot; and Quilter Investors, the Multi-asset investment solutions business.

Wealth Platforms includes Old Mutual Wealth UK platform; Old Mutual International, including AAM Advisory in Singapore; and the Old Mutual Wealth Heritage life assurance business.

The Quilter plc businesses are being re-branded as follows:

- Quilter Financial Planning (previously Intrinsic)

- Quilter Private Client Advisers (previously Old Mutual Wealth Private Client Advisers)

- Charles Derby Group (becoming Quilter Financial Advisers)

- Quilter Financial Adviser School

- Quilter Cheviot

- Quilter Investors

- Old Mutual Wealth (becoming Quilter Wealth Solutions in 2020)

- Old Mutual International (becoming Quilter International in 2020)

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Geographic Code:4EUUK
Date:Aug 14, 2019
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