Richards replaces Craig Knight, who had been running the firm since its launch in 2008. Knight will remain at Sinfonia until early this year to ensure a smooth business transition.
Tenet Group CEO Simon Hudson says: “Whilst launched at a particularly challenging time, the benefits offered to both investors and advisers set Sinfonia apart from other solutions in the market. We would like to thank Craig for completing the successful launch of Sinfonia and now with the foundations firmly in place, the time is right to focus on dynamic growth.
“Andy Richards has an excellent reputation for generating business growth, especially during more challenging periods, so we could not be more pleased that he is joining the group at such an exciting time in Sinfonia’s development.”