Close Brothers Asset Management (CBAM) has announced an opening date for its Birmingham office, which will house teams offering advice and investment management services.
Opening on 5 December, CBAM’s Midlands hub will host an advice team led by the managing director for the Midlands and the southwest regions, Ben Staniforth, who joined the firm from Chase de Vere in June.
The Birmingham office will also host six investment managers, including Sally-Ann Gallier and Phil Mountford, who arrived at CBAM from Rathbones and Investec this year.
Eddy Reynolds, CBAM chief executive, said: “We are thrilled to announce the opening of our new Birmingham site, one of CBAM’s most significant full-service offices in the UK, which will further expand the availability of our bespoke advice and investment management services.
“Deepening our regional presence is a key strategic priority for CBAM, and the opening of the Birmingham office follows a range of new key hires over the last year. We believe that our clients continue to value a personal and local connection with their advisers and investment managers, and this only becomes more evident during turbulent times of market volatility, such as the type we are all living through now.”
The Birmingham office is the latest hub opened by CBAM as it seeks to increase its regional presence. The asset manager already has offices across the UK, including in Bristol, Chester and Edinburgh.
Headway Wealth
In other news, UK advice firm Headway Wealth has opened an office in Durham.
This is the firm’s second office in the UK – alongside its headquarters in Hertfordshire.
Hamzah Shalchi, co-founder of Headway Wealth, said: “Establishing an office in Durham aligned well with our plans to expand in the UK, particularly in the Northern part of the country.
“With its iconic history, beautiful architecture, affluent residents, and proximity to rapidly growing regions like Northumberland and north Yorkshire, Durham seemed like the perfect place in the north to establish our new office. Our expansion is also a testament to our commitment to helping more professionals, families, and business owners across the UK make the most of their finances.”
Headway Wealth offers a range of advice services to UK-based clients as well as expats repatriating back to the UK.
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