View more on these topics

Charles Stanley hires ex-Quilter director Porteous

Wealth manager Charles Stanley has hired ex-Quilter director John Porteous as group head of distribution.

It is a newly created role at the company and will see Porteous (pictured) take on responsibility for developing overall distribution strategy for services and products and inputting into overall proposition development.

Porteous will join the Charles Stanley’s executive committee and will report directly to chief executive Paul Abberley.

Porteous left the position of Quilter retail customer solutions director after being at the business for just over a year.

In his 25 years in financial services Porteous, a chartered financial planner, has had senior roles at firms including Tilney, Towry and Baker Tilly Financial Management.

Porteous says:

“Charles Stanley is on a journey of transformation and I am delighted to have this opportunity to help accelerate the next phase of growth for the firm.

“I’m looking forward to helping it reach new clients and serve its existing ones more comprehensively in a marketplace where value for money is becoming the key metric.”

Abberley comments:

“John is a crucial hire for our business and he will help us broaden and deepen our client base and step up our distribution momentum in order to meet our strategic objectives.  He has an innate understanding of our multi-channel, multi-service business and building high performance sales teams, as well as a long track record in meeting the needs of clients in an increasingly competitive marketplace.

“I am excited to be working with John and believe he can make a huge contribution to building this business.


Brewin Dolphin continues hiring spree for West End office

Brewin Dolphin has bolstered the office it opened last year in London’s West End with another hire. William Quantrill joins the firm after 13 years with private bank Kleinwort Hambros, taking total office headcount to 28. The office was opened to focus on high-net-worth clients with complex financial needs, offering both financial planning and investment […]

The future of vertical integration

Have we entered a new era for the investment distribution landscape? In the post-pension freedoms world where demand for advice has increased, so has the demand for distribution from product providers. While much has been written about moves by household names like Standard Life Aberdeen and Prudential to establish in-house financial planning businesses, less attention […]


Ex-Aegon/Blackrock DC boss joins Smart Pension

Former Aegon and BlackRock defined contribution managing director Paul Bucksey has joined Smart Pension as director of UK distribution. Bucksey joins the workplace pension and technology company after two years at Aegon, and five at BlackRock heading up the firms’ respective DC businesses. He previously had business development roles at Fidelity and Friends Life. Bucksey […]

boardroom meeting

Latest FCA data shows continued lack of adviser diversity

Less than a third of financial advisers are female, the FCA estimates in its latest data. According to responses to Freedom of Information Act requests published on the regulator’s website today, there are around 35,000 individuals with advice permissions across financial advice firms, banks, building societies, investment managers and stockbrokers, split across some 5,800 firms. […]


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. Who wants to take a bet that he will be gone within 18 months

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm