The four new appointments make up one of three changes made by the wealth management firm as it moves to make efficiencies throughout its private client investment management (PCIM) division.
Two of the directors have joined from outside while two were already within the business.
Johnny Arthur joins from his role as head of investment management at Hanson Asset Management and Juliet Wedderburn joins after running her own financial services consulting business and held a previous role as head of London Private Wealth Management at Deutsche Bank.
Internally, Rupert Boyle and Chris Harris-Dean will also become directors, moving from their roles as branch liaison manager and director of regional development respectively.
They will work with Gary Teper, PLC director, to support the firm’s investment managers.
Teper said: “We believe the restructure will enable us to provide a more comprehensive, cohesive service to our investment managers, which in turn will fur
“We recognize that t oachieve our goal of becoming a leading UK wealth manager by 2020 we will need to provide exceptional leadership and support to our investment managers and this improved support structure is an important milestone on that journey.”
The restructuring of the division comes after the firm announced a revenue dip of £33.8m in the second quarter of 2016, caused in part by its disposal of its securities and financial services businesses.
A dedicated private client services team and a new private client committee have also been introduced alongside the introduction of the four new directors.
The directors will oversee all teams and branches within PCIM, including focusing on business development and making efficiencies. The directors will also act as a go-between for investment managers and senior management.
