BlackRock has made two promotions within its retail team in an attempt to boost its relationships with IFAs.
Director Mark Elliott will now lead its strategic alliances division, providing asset management services to life companies, retail banks, building societies and other financial clients.
Director Dorian Hughes will lead its regional sales team outside London, further strengthening its IFA relationships – already BlackRock’s fastest growing area of its retail business.
Head of BlackRock UK retail business Alex Hoctor-Duncan says: “BlackRock is now one of the fastest growing unit trust businesses in the UK, and our partnerships with banks, life companies and IFA clients have been central to our success.
“Mark and Dorian are excellent candidates to build these teams. I am confident their impressive track records will continue benefiting our clients. Our aim is to deliver a premium experience to our customers consistently.”