Mattioli Woods has hired industry veteran Nigel Reynolds to boost its business development expertise.
Reynolds started in the newly-created role on Monday after 14 years at clearing and settlement services provider Platform Securities, the last five as chief executive.
He reports to Mattioli Woods group operating officer Iain McKenzie.
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Before joining Platform Securities, Reynolds held senior management roles with Hargreaves Lansdown, Charles Schwab and TD Waterhouse.
McKenzie said: “Nigel has a depth of knowledge that is rare in the industry and we look forward to harnessing this as we continue to develop our proposition to clients. Having worked both on the consumer side and on the B2B side, he will further strengthen our team.”
Reynolds said: “I am pleased to be joining Mattioli Woods at such an exciting time in its journey, the business has a clear vision for how it wants to help customers fulfil their dreams through sound financial planning and I am looking forward to being part of that.
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“I loved my time at Platform Securities but after 14 years I felt that I had achieved everything I set out to do and I missed the D2C side.”