Ex-Rathbones wealth management divisional director Sam Wright FCSI has launched his own wealth management firm in Bristol called Westpeak.
Mr Wright is a Fellow of the CISI and a Financial Planner and wealth manager with more than 20 years experience in investment and wealth management.
He plans to use his experience in investment to build a firm focused on strong investment skills and personal Financial Planning.
The former wealth management director says he will focus on personal relationships, long-term trust and helping clients make more of their wealth.
He was a divisional director, predominantly at Investec Wealth and Investment, and latterly led a combined Rathbones and Investec regional office.
Mr Wright said: “I’ve spent more than 20 years in wealth management, and I know the value of the expertise, experience and resources that established firms can offer."
“But I also believe there’s an opportunity to build a business where the client relationship comes first, where fees are clear and fair, and where Financial Planning starts with the individual, not simply their portfolio.
He says he will challenge the 'consolidated model' which he believes may not always be in the clients' best interests.
He said: "While consolidation can deliver commercial advantages, it also raises important questions about what clients stand to gain – or lose – when businesses change ownership, teams are restructured and long-standing relationships are disrupted."
He added: "Launching Westpeak is about putting my experience into building a team, a culture and the kind of business I believe clients value: one that combines sound expertise with honest conversations, clear advice and a genuine understanding of what each person wants to achieve.”
Westpeak Wealth Ltd is an Appointed Representative of Best Practice IFA Group Limited.