Schroders-backed advice platform Benchmark Capital has appointed Ed Dymott to the newly-created role of managing director – wealth to increase its “footprint in the market”.
Dymott will be responsible for overseeing Benchmark Capital’s financial planning and advice, as well as leading its business risk management arm, Best Practice. He will report to group managing director David White.
Dymott has 20 years of experience in the wealth and asset management industry, spending 16 years at Fidelity, before joining Aegon in 2018 as managing director of transformation, innovation and growth.
White said: “Ed will be a great addition to the team and I’m really looking forward to working with him to manage and grow our advice business. We are already a leading partner for many leading financial planning businesses, but we have plans to significantly increase our footprint in the market. Ed will be central to achieving those ambitions.”
Dymott said: “I am delighted to be joining Benchmark Capital at this very exciting time. The business has seen significant growth over the last few years and is highly regarded in the market.
“Its strategic partnerships with some of the best financial planning firms, coupled with out innovative technology, means we are very well placed to support advisers’ ever evolving business needs.”
Schroders took an initial 65% stake in Benchmark Capital in 2016, before increasing it to 77% in 2018, making it the controlling party of the business which supports over 1,000 financial advisers and its platform manages over £17bn in assets.
The statement said that Benchmark Capital brought in £0.4bn inflows for Schroders’ wealth management area in the first half of 2020.
