LONDON, 9 AUGUST 2018 — The directors and staff of Investment Quorum are delighted to announce that they have completed a management buyout headed up by Petronella West (Director of Private Clients), Peter Lowman (CIO) and Nicholas Rolf (Wealth Manager). Substantially all staff at the firm have become shareholders as well.
Nicholas Rolf joins Petronella West and Peter Lowman on the board of IQ. The board will be further strengthened by the appointment of Jeremy Sharman as Chairman. Jeremy has extensive experience within the financial service sector. Lee Robertson has stepped down after 18 years as CEO and founder of the company to pursue a variety of other activities. Petronella West, one of IQ’s cofounders, becomes the new CEO of the company.
Former CEO, Lee Robertson, commented: “I have enjoyed the eighteen years since conceiving and co-founding Investment Quorum immensely and deciding to step down as the strategic leader of the firm has been an incredibly difficult decision to make. I have been privileged to serve our clients, many of whom have been with us since the outset or for many years. I am very proud that those I have appointed and led have grown in capability and expertise during my time as CEO making IQ into one of the most recognised and respected private client wealth boutiques in the UK. However, after those eighteen years at the helm and over thirty years as an adviser, I have decided that I now wish to focus the bulk of my time on a variety of new opportunities spanning education, non-executive roles and consultancies but I primarily wish to bring my considerable energies and communication skills to a new business venture launching later this year. I will, however, continue to provide strategic consultancy and guidance to the management team for the foreseeable future. I am confident that I am leaving the business in safe hands and that it will continue to serve our clients well in the years ahead.”
New CEO, Petronella West, commented: “We are incredibly grateful to Lee for his passion, drive and leadership over these past eighteen years, and for agreeing to support our business into the future. We would also like to take this opportunity in wishing him every success in the variety of activities he intends to pursue”.
“I am also delighted that the nearly all of our staff are now part owners of Investment Quorum, securing its long-term future as a strong independent business. We have a very talented team of experts across financial planning and discretionary fund management. Therefore, I am honored and delighted to have the opportunity to become the new CEO of one of the UK¹s most successful independent boutique wealth management firms”.
New Chairman, Jeremy Sharman commented: “I am delighted to have the opportunity to join such a talented group of people led by Petronella. I would like to pay tribute to Lee Robertson for his nurturing of such a strong team. Investment Quorum is clearly at the top of its game evidenced by the plethora of awards it has picked up over recent years. It also has a superb investment track record. I look forward to working with the whole team to continue providing a first-class service to all clients”.
ABOUT INVESTMENT QUORUM:
In 2017, Investment Quorum was listed as one of the top UK wealth managers in the Financial Times Private Client Wealth Management survey over three and five years against its peer group. The company and its staff have won multiple awards from other organisations such as Spear’s, ACQ, and Le Fonti.
Jeremy Sharman was co-founder of Hg Capital, which is now a leading investment house with 130 employees and over £9 billion funds under-management. He was previously a director of Mercury Asset Management and has also been chairman of a number of independent companies. These include: Premier Marinas (owner of Brighton, Chichester and Port Solent Marinas), Clickstay (an internet villa agency), and Buddies (a specialist pet insurance business).
Peter Lowman is the firm’s Chief Investment Officer. Prior to joining Investment Quorum Peter was Vice President of Morgan Stanley Quilter. Subsequent to that he spent thirty years at Cazenove & Co, working in a number of roles for the firm. Peter was a Private Client Executive, Investment Director and then went on manage the Cazenove Global Equity Fund. He is regularly sought after by the investment press for his expert opinion on global investments.
Nicholas Rolf assumes the role as Director of Private Clients and becomes a member of IQ’s Investment Committee. Nicholas joined Investment Quorum in 2013 having spent the first 9 years of his career working for RBS and Deutsche Bank in London, Singapore and Hong Kong. Nicholas holds the professional qualifications of Chartered MCSI and Chartered Financial Planner.
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