Former Sanlam Wealth boss John White has landed at Hurst Point Group.
This week White (pictured) took up his role as managing director of the financial planning division, which consists of the recent advice businesses acquired by Hurst Point. In 2019 the subsidiary of private equity giant Carlyle acquired Harwood Wealth Management and earlier this year it completed its acquisition of Hawksmoor Investment Management.
His move to Hurst Point comes at a time when his former employer Sanlam is making major changes to its business, including scrapping its UK adviser business. As managing director of Sanlam’s wealth arm he looked after £6bn worth of assets under advice and management.
Hurst Point executive chairman Ian Gladman said on White’s arrival: “We very much look forward to working with John and the talented management team that he inherits and believe his experience and alignment to our strategy leaves the business in strong hands.”
White replaces Neil Dunkley, who ran Harwood at the time of its acquisition before overseeing Hurst Point’s financial planning arm. Dunkley will become a non-executive director of the group holding company and “retain his substantial investment in the business,” Hurst Point said.
White said he looked forward to developing Hurst Point’s financial planning service and expanding its national footprint.
Prior to Sanlam he was COO of Gallagher’s employee benefits division, including its Argentis wealth business that has since been snapped up by Hurst Point.
See also: Hawksmoor snapped up by private equity giant Carlyle Group
