Prospect Wealth Management has named Tom Ball as new head of business development.

In his new role, Ball will work closely with Prospect’s existing clients including IFAS, lawyers and accountants in addition to building new relationships with IFAs and professional intermediaries.

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Additionally, he will also be responsible to review trusts and develop programmes of seminars for clients and intermediaries as well as develop a range of investment products warranted towards the needs of lawyers and accountants.

Ball has joined Prospect from Merrill Lynch Wealth Management, where he served as a high-net-worth adviser.

Prior to this, Ball worked at UBS Wealth Management.

Matthew Hunt, principal of Prospect said: "Tom has exactly the right background to promote Prospect’s unique wealth management proposition in the intermediary market place."

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