Bristol-based Wealth Club has appointed Alan Durrant as chair of the investment committee for its managed portfolio service as the business continues to grow its offering for high-net-worth investors.
Alan brings decades of investment and leadership experience, having previously held senior roles at Hargreaves Lansdown, Skandia Investment Management and Hurst Point Group.
He also co-founded Harwood Wealth Management, leading the business through its AIM listing, and currently serves as a director at Harwood Capital Management.
Alan said: “I am very pleased to be joining Wealth Club at such an exciting stage in its development.
“The business has built a strong reputation and has clear ambitions for growth, particularly within its managed portfolio service.
“I look forward to working with the team to help shape the investment strategy, support its continued expansion, and deliver strong outcomes for clients.
“There is a compelling opportunity to build a leading investment offering in this space.”
Alan’s appointment comes as Wealth Club’s managed portfolio service, launched just over two years ago, continues to expand and has now reached £40m in assets under management.
Alex Davies, founder and chief executive of Wealth Club, added: “I have known Alan since 1999, and I am absolutely delighted to welcome him to Wealth Club.
“He has managed investors’ money, teams of investment managers and investment firms, through the highs and lows of the past 30 years.
“I think his experience and judgement will add real depth to our investment process.
“Our managed portfolio service has made an excellent start, growing to £40 million of assets in just over two years, and we see a significant opportunity to scale this much further.
“Alan will strengthen our already experienced team, while his network and international perspective will be invaluable to the whole business as we continue to expand our breadth and offering.
“We already provide a premier investment service to high-net-worth investors – there is no other firm that combines the ease, convenience and low costs of an online service with the breadth of opportunities you’d normally find in a private bank and the attentive and competent service that’s so rare to encounter nowadays.
“Alan’s appointment is the latest step as we continue to build on that position and our aim to grow Wealth Club into a billion-pound business.”
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