View more on these topics

Chris Gilchrist quits Churchill in split over charging strategy


Churchill Investments director Chris Gilchrist has left the firm after a disagreement with fellow director Jamie Ware over the future direction of the business.

Gilchrist (pictured) set up Churchill in 1995 with Ware and Hargreaves Lansdown head of research Mark Dampier. Gilchrist says he and Ware had a difference over which fee structure to implement under adviser-charging. He wanted fee bands for different levels of service rather than a structure that allows individual advisers to set their own fee.

Gilchrist says: “We had some fundamental differences. I felt that fee bands should play a major part and that was not reflected in the final decision. I expect to stay within the industry but I do not think I will be in a face-to-face advice role.”

Ware says: “Chris has resigned from the firm and I wish him all the best for the future.”


News and expert analysis straight to your inbox

Sign up


There are 4 comments at the moment, we would love to hear your opinion too.

  1. Wishing you all the best Chris for the future.

  2. Snap.
    It doesn’t mean either party is wrong and I think we will see a lot more movement of individuals as the RDR deadline approaches and different people want to work different ways and need to find/establish a way which will work for them, which may not be the same for a friend or colleague.

  3. If I can’t have the ball, I’m not playing any more, so nyaaah.

    Still, doubtless he’ll manage to convince a few people that the sun shines out of his oratory.

  4. Sounds to me a bit like, having not been able to get his way, he’s thrown his toys out of his pram.

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 advice.

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