Hurst Point promotes Ben Conway to Hawksmoor CIO in exec team reshuffle
Group CEO Ian Gladman (pictured): 'We have ambitions to continue our growth in the coming years'.
The group — which currently advises around £10bn in assets — confirmed yesterday (12 February) it has conducted a review of its structure in a bid to become more integrated.
While its financial planning business operates mostly under the Argentis brand, there is also its investment management business under the Hawksmoor brand.
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«The board has concluded that the group should become more integrated, by removing layers and certain areas of duplication across the business which the board believe will bring the group closer to its clients and help support its future growth strategy,» a statement read.
The group added it has been «reviewing its investment business» and wants to re-align the activities of its investment team as well as re-establish its underlying processes and philosophy.
As part of this, Ben Conway has been promoted to CIO for Hawksmoor, while maintaining his responsibilities for Hawksmoor Fund Managers. Alan Durrant has, in turn, been appointed to group investment director, a change from his former role as group managing director.
The management structure of Hurst Point will now come under new committees which will report into a group executive committee led by group chief executive (CEO) Ian Gladman and Hawksmoor Investment Management CEO Sarah Soar.
At the same time, managing director John White is set to leave the group, departing at the end of April.
In its statement, Hurst Point said White had made «a significant contribution to the creation of a single unified financial planning business».
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