Succession finance director Alan Wardrop has left the business due to the firm’s relocation from London to Plymouth as it restructures its management team.
Richard Rhodes has taken on the role of commercial director. He was previously chief operating officer of Succession’s major shareholder Spearpoint. Rhodes will head up the firm’s financial functions and its rolling programme of acquisitions.
Ian Shipway has been appointed investment committee chairman, Elizabeth Johnson has been appointed national operations director and Tim Parsons becomes national relationships director.
The IFA consolidator is also creating a service centre and head office in Plymouth which will see 26 employees relocate there from London
Succession chief executive Simon Chamberlain (pictured) says: “We have invested heavily in training our partner firms to move from being transactional to service-led and fee-based. Now that has been achieved, their requirements are far less intensive.”
Succession currently has 35 partner firms with over 300 wealth managers and around £6bn of assets.In November 2010 Spearpoint took a majority shareholding in the firm.