Schroders Personal Wealth
The company has added two professionals to its client office senior leadership team.
Katie Young has joined as head of commercial, and James Harris assumes the role of head of advice services and investment engagement.
Young has more than two decades of leadership experience in wealth management and financial services, having previously held senior positions at Coutts & Co. and the Financial Conduct Authority (FCA).
She will focus on further developing SPW’s operating model, including enhancing practice management capabilities and leveraging technology to improve client and colleague experiences. Young will also lead SPW’s relationship with Lloyds Banking Group’s (LBG) retail channels.
Harris, who has worked closely with SPW over the past year, will be tasked with consolidating technical support for advisers and clients. He will oversee the creation of a centre of excellence for technical support and will be instrumental in embedding consumer duty across the group.
Oberon Investments
Former CRUX fund manager Richard Penny has joined the boutique manager from Lansdowne Partners.
He brings with him CRUX’s UK equity fund range, including the £28.3m TM CRUX UK Special Situations fund, £21.1m TM CRUX UK Core fund and £6.7m TM CRUX UK Smaller Companies fund.
The strategies will then be rebranded the TM Oberon UK Core, TM Oberon UK Special Situations, and TM Oberon UK Smaller Companies funds on 13 December.
See also: Autumn Budget 2024: Chancellor extends IHT threshold freeze to 2030
