British wealth manager Rathbone Brothers has appointed Andrew Clark to the newly-created role of head of private office.
In his new role, Clark will be responsible for expanding the firm’s super HNW client business, which targets individuals with assets between £10m and £100m.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Additionally, Clark will also become CEO of Rathbone Trust Company and will sit on the board of Rathbone Investment Management International in Jersey.
He will report to Rathbones chief executive Philip Howell.
Clark’s move comes after the company completed its acquisition of Jupiter’s private wealth business. He joined Jupiter in 2012, where he had served as head of private clients and charities.
Prior to this, he worked at Schroders Private Bank as head of business development and served as board director and also as managing director and head of discretionary asset management for emerging markets, Europe and Asia at Merrill Lynch Global Wealth Management.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataPhilip Howell said: "Rathbones considers super high net worth clients to be increasingly under-served by a private banking industry facing many challenges. We are already active in this segment of the wealth market through our investment, trust, offshore, and banking capabilities.
"This represents a well-timed opportunity for Rathbones to extend its presence, building on its reputation for investment and service excellence. Andrew brings an impressive breadth of experience in this field to lead this strategic initiative," he added.
