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In Partnership appoints Mark Pittaccio as investment director

In Partnership has appointed Mark Pittaccio to its board as investment director.

In addition to developing the investment proposition for the company’s national advisers, Pittaccio will also create a template to assist network members’ transition to a service-based, recurring-income model.

In 2001 Pittaccio started to transition his business, Highfield Financial Services, to a service-based model. In Partnership says he will use that experience to help advisers and member firms “avoid the many pitfalls that the challenging transition process presents”.

In Partnership national sales director Stephen Baldry says: “As well as a wealth of experience Mark brings a passion and enthusiasm for his role that is infectious and he speaks from an adviser’s point of view which really appeals to our members.

“His appointment as In Partnership’s investment director has resulted in a major step forward in enabling our member firms to adopt a highly successful investment proposition for clients that will also add significant value to their businesses in the short to medium term.”

Group chief executive Kevin McDonagh says: “We are not being prescriptive as to which wrap or investment solution members should use but we will make all our research available to them and, if requested, will help the adviser develop their proposition and choose the components that best enable them to deliver it.

“We are here to assist businesses to build value by creating robust and increasing income streams whilst, at the same time, de-risking their processes.”


People on the move


Skandia Investment Group chief executive Jamie Macleod has stepped down from his role and left the business. Macleod is succeeded by Nils Bolmstrand, who has been with SIG since its inception in October 2007. Bolmstrand was responsible for product development, distribution, and managing relationships with fund groups internationally.


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