Heale replaces Mark Evans and will lead RBC Wealth Management UK’s team of relationship managers who are responsible for its US, Canadian, Latin American and Caribbean client base. He will report to Philip Harris, head of private client wealth management.
The company said an important part of Heale’s mandate will be to build its book of US clients in London, drawing on its experience of providing US-compliant products and services to US citizens with links to the UK. RBC Wealth Management said its UK investment business has held an SEC licence for over a decade.
At Kleinwort Benson Neale was acting head of private wealth management and head of client proposition, UK and Channel Islands.
Neale’s manager Harris said: “We will continue to build on our reputation for providing cross-border wealth management solutions for internationally-mobile high net worth clients as we grow our team in London.
“In particular our commitment to US clients at a time when others in London are exiting the market, presents a real opportunity for us to grow our UK business. Martin will lead this charge to attract US clients, working with our network of advisers on both sides of the Atlantic.”
