Waverton Group has nabbed Marco Malagoni from Cazenove Capital to become its new head of wealth planning hot on the heels of the launch of Waverton Wealth.
Malagoni (pictured), who will be based in London, will oversee a range of advice services to clients, including business planning, utilisation of tax structures, inter-generational planning and retirement planning.
He worked at Cazenove for over 10 years. A press release announcing his appointment said he would enable Waverton to offer “a truly integrated high net worth wealth planning and investment proposition to clients”.
Malagoni said in a statement: “Working with clients to really understand how to help plan and structure their wealth is a privilege. It is very rewarding to show clients the difference that can be made with sound financial advice.”
Earlier this year, Waverton acquired Cornerstone Asset Management and rebranded it Waverton Wealth. It is predominantly in Scotland with offices in both Edinburgh and Glasgow. In December 2019, Waverton acquired independent financial advice firm Timothy James & Partners.
Waverton chief executive Nick Tucker said: “We are committed to the integration of wealth planning with our well-known investment management expertise; our recent acquisitions and now the addition of Marco to help deliver this to our clients is a major step forward.
“Understanding and empathy are central to our client service and we are very excited to be able to broaden out the ways we can support them in reaching their goals.”
See also: Nick Tucker: Why I left UBS Wealth Management for a boutique
