The new entity, Rowan Dartington International, will provide advisers and trustees and their clients with discretionary fund management (DFM) services across different wealth platforms.
“Rowan Dartington’s DFM services have been extremely successful in the past few years and we definitely want to replicate this internationally,” said the company’s executive chairman Graham Coxell in a statement.
“Our experience has shown us that there is a significant demand from English-speaking advisers based abroad for this type of service,” he added.
Currently the plan is to target the service at international advisers only, however, Rowan Dartington International will look at developing its offering to offshore private clients in the future, the company said.
New hire
To head up the new operation, Rowan Dartington has hired Stephen Kevan from ABC Capital Markets in Mauritius where he spent five years, most recently developing its wealth management offering.
Kevan, who will be based in Bristol, has also previously worked for Old Mutual International and Barclays Wealth.
“Our initial focus will be to deliver appropriately adapted versions of our highly successful UK DFM services into the international IFA and trustee sector,” said Kevan.
“We are known in the UK for working with our IFA partners to deliver collective and fully bespoke solutions that are flexible in their design,” he said.
