Sanlam UK has hired Penny Lovell from Close Brothers Asset Management as head of private client, as the firm looks to expand its high-net-worth offering.
Lovell will also join the firm's executive committee and assume the role of CEO of Sanlam Private Office, a new proposition targeting clients with assets of £1m and above. Five ex-Towry colleagues set up boutique wealth manager Lockhart Sanlam's group CEO, Jonathan Polin said: "I have spent the last two years reorganising and unifying the business to support the delivery of a vastly enhanced, client-focused investment and service proposition. "The forthcoming launch of a Private Office extends our service in the UK and bolsters our ability to offer tailored solutions for an increa...
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