Hawksmoor Investment Management chairman James Brent is set to step down after serving for 18 months in the position.

Brent will be replaced by non-executive director Anthony Deacon on an acting basis till a permanent successor is appointed.

Deacon is a solicitor with expertise in tax, trusts and succession planning.

Moreover, he is a non-executive director at Hine Downing Financial Services.

Brent joined Hawksmoor in 2018 as a non-executive director.

Previously, he had a 25-year stint at Schroders and was the youngest ever director at the firm.

He also served as the global head and chairman of Citigroup’s real estate and lodging business.

Brent noted: “Hawksmoor is a great firm with some very talented professionals.

“I have no doubt that under Sarah’s leadership – and properly supported – the firm has the opportunity to grow profitably in the medium and longer term while providing exemplary service to its clients.”

A year ago, Hawksmoor appointed JM Finn’s Sarah Soar as its new CEO, replacing John Crowley.

Hawksmoor focuses on managing private client, trust and charity portfolios, three multi-asset funds-of-funds along with a series of risk-based ‘Model Portfolios’ for Financial Advisers.

It has operations in Exeter, London, Taunton, Dorchester and Bury St Edmunds.

Pre-tax profit at Hawksmoor increased to £1.06m in 2019 from £613,000 in 2018.

Chairman changes

Finantix, provider of technology to wealth management, has appointed Christine Ciriani as its new CEO.

She will take on the role alongside her current position of chief commercial officer.

Ciriani formerly held senior leadership roles at Capco, Detica and JPMorgan.

Ralf Emmerich will step down as CEO and take the role of executive chairman and oversee the Finantix board.