Bristol-headquartered Brunel Group has set up an independent financial planning and wealth management firm.
Brunel Wealth is the group’s second subsidiary launched within the last year, following Brunel Employee Benefits in September 2019.
The newly formed firm will provide financial planning and wealth management services to businesses, business owners, high net worth individuals, charities and trusts.
Management team
Iain Black, who is the former owner of advice firm Deverill Black, will be managing director.
He sold the firm in 2016 to Towry (now Tilney), before becoming a consultant and director at Blue Financial Services and Dow Pensions, respectively.
Ex-Tilney duo Alex Nicklin and Carl Tuttiett will become partners at Brunel Wealth, as well as head of private client and head of financial planning, respectively.
All three will head up the financial advice business.
Growing the operation
Brunel Wealth will initially operate from the group’s head office in Bristol.
The firm is recruiting staff in its London and Manchester offices.
Black said: “We will add further quality to the team in both advice and administration in the coming months.”
Today, the group works with 12,000 professional clients, employs over 130 staff and has offices in Bristol, London, Manchester, Perth, Weston-super-Mare, Bovey Tracey and Portishead.