Bovill, a London-based specialist financial services regulatory consultancy, has poached Kleinwort Benson’s Mark Spiers as head of wealth management team.

Spiers has joined Bovill from Kleinwort Benson, where he was head of compliance.

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Earlier to that, he was head of compliance at the London office of Emirates NBD. He also held senior compliance roles at UBS (in London and Zurich) and consulted for CMC Markets.

Spiers has also co-founded his own consultancy business, SmithSpiers, which he operated for two and a half years.

Ben Blackett-Ord, CEO of Bovill, said: "The depth of knowledge and experience Spiers has built up within the wealth management firms he has worked at will be invaluable to our existing clients and will be a real draw for prospective clients too.

"His recent in-house perspective on dealing with the regulator means he will know exactly what clients want from us as advisers," Blackett-Ord added.

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Spiers said: "With the FCA and other regulators continuing to scrutinise suitability issues, anti-money laundering practices, the handling of client assets and how firms manage conflicts of interest, wealth management businesses and senior personnel need business focussed advice and assistance tailored to their specific sector."