Smith & Williamson Investment Management has hired former Liontrust head of distribution Mickey Morrissey to head up its IFA sales team.
S&W says Morrissey’s appointment is part of its plans to build its discretionary fund management and guided architecture outsourcing services for IFAs.
Money Marketing’s sister title Fundweb revealed that Morrissey left Liontrust in July. He had been at the asset manager since 2002 having previously worked at Merrill Lynch in a similar role.
Morrissey has joined S&W with immediate effect and reports directly to head of marketing and sales Nick Hodgson
Hodgson says: “This is a major statement of intent on our part regarding the promotion of our outsourcing capabilities to IFAs.
“We already have IFAs using our outsourcing services, and Mickey will develop sales further utilising his extensive IFA contacts. He has over 20 years sales experience, is well-known to many advisers, and we are fortunate to have a high-calibre individual leading this new sales initiative.”