Sanlam Wealth has expanded its presence in Kent by setting up an office in Royal Tunbridge Wells.

Located in Wallside House, Mount Ephraim Road, the new office will offer investment management services.

It will be staffed by the team, which formerly operated out of the firm’s Sevenoaks office.

The team comprises senior portfolio manager and joint head of office Kenneth Fry as well as senior portfolio managers Paul Stevens, Kathie Langfield, Tom Planterose and Hugh Weston.

They will be supported by portfolio managers’ assistant Rachael Adams and team administrator Liz Stow.

Commenting on the new office, Sanlam head of Tunbridge Wells office Simon Lee stated: “It enables our team of top portfolio managers to better take care of the financial needs of both our existing and future clients, and to be able to work closely with third-party financial practitioners in the area to provide the all-round service our high-net worth clients expect.”

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Developments at Sanlam

Recently, Sanlam UK made management changes for its Harrogate office, including the appointment of Eleanor Ingilby as the office head.

Last August, the firm picked a 55% stake in Avidus Scott Lang.

Besides, the firm took over the management of three VAM Global Management discretionary funds.

Earlier in 2019, Sanlam UK acquired Thesis Asset Management, Blackett Walker along with Astute Wealth Management.