Waverton hires CEO

Date: 27 Jan 2020

Citywealth

Waverton Investment Management announces the appointment of Nick Tucker, formerly Managing Director and Head of UBS Domestic Wealth Management business in the UK, as Chief Executive Officer, subject to regulatory approval. He joins the company on 10th February.

Nick, a highly experienced private client professional, has spent nearly thirty years building wealth management businesses in the UK and overseas. For the first 13 years of his career, he was with Merrill Lynch, latterly as Head of Private Clients UK and Ireland.

Commenting, David Rosier, Chairman and acting CEO, Waverton Investment Management said: “I am delighted to welcome Nick to Waverton. He brings a wealth of relevant, commercial and operational experience and expertise within the private banking and wealth management sectors. Nick has built a strong reputation for growing successful businesses and he has been particularly adept at nurturing and developing private client teams in different jurisdictions.”

“Waverton has ambitious growth plans and Nick’s appointment follows our acquisition last month of London-based independent financial adviser, Timothy James & Partners. In addition to our discretionary investment management, this deal enables us to offer clients a comprehensive range of complementary financial planning services.”

New Waverton CEO, Nick Tucker added, “I am extremely excited to be joining Waverton. The opportunity to work in an organisation with both great people and a great investment process is a real differentiator. The recent addition of Timothy James & Partners is, in my view, the final piece of the puzzle. I have spent considerable time with David Rosier and the Board and look forward to driving the clear growth mandate they have given me.”