View more on these topics

Nick Burns replaces Simmonds as Bluefin chief exec


John Simmonds has been replaced as Bluefin Advisory Services chief executive by Bluefin Corporate Consulting managing director Nick Burns (pictured).

In a management restructure, Simmonds has been appointed executive chairman of Bluefin Corporate Consulting and Bluefin Wealth Management.

Simmonds will continue to have a hands on role at the firm with a  focus on strategy and brand development while Burns will also carry on in his role at Bluefin Corporate Consulting.

The changes have seen Axa non-executive director Ian Brimecome replace Tim Trotter as Bluefin non-executive chairman.

In October 2010, Bluefin Advisory Services announced a £62m writedown following the restructure of its private client arm. Adviser numbers were cut from 180 to 50.

In December, Bluefin announced that Former Thinc Destini shareholders will not receive their share of a £60m deferred payment from Axa after it failed to hit performance targets.


News and expert analysis straight to your inbox

Sign up


    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