People Moves

Succession Group's Parent Firm Strengthens Senior Team Amid Acquisition Drive

Anna Hallissey Reporter London 16 December 2014

Succession Group's Parent Firm Strengthens Senior Team Amid Acquisition Drive

Serial acquirer Succession Group’s parent company, Succession Holdings, has added a raft of senior staff to its senior management team to aid its efforts to take on 50 firms by the end of 2017, with 10 already completed.

Serial acquirer Succession Group’s parent company, Succession Holdings, has added a raft of senior staff to its senior management team to aid its efforts to take on 50 firms by the end of 2017, with 10 already completed.

The six confirmed in the team’s restructure will help to meet the challenges of the next phase of the firm’s growth, Simon Chamberlain, group chief executive of UK-based Succession Holdings said in a statement.

Joining as group finance director is Michael Hill, who will lead the integration of the relocated finance function in Plymouth. He previously served as UK group chief financial officer at broadband provider Tiscali. Hill replaces Richards Rhodes after his departure in October.

The other five appointments to the team have moved from various companies within the Succession Holdings umbrella up to the parent company itself. Christian Captieux, previously of Succession Group, will move in his role of group regulatory officer to Succession Holdings where he will head the compliance team and governance and risk functions in line with the FCA regulatory agenda, the firm said.

Paul Morrish, previously a partner at the firm’s platform and consultancy business Succession Advisory Services, becomes group regulatory officer. Here he will preside over commercial and legal aspects of member firm acquisitions on an industrial scale.

Also joining the directorial team is a former owner of one of Succession Group’s acquired firms, Smart Wealth. Sanjay Shah becomes group distribution director, where through strategic growth he will develop the firm’s three advice services. These are Succession Wealth Management; Succession Financial Management for clients lower down the wealth scale, and Succession Benefit Solutions, provider of corporate solutions for employers.

Succession Advisory Services' director of platform services, Simon Taylor, will become Succession Holdings' platform and investment director. He will manage relationship between the firm’s IT providers and its strategic fund management partners.

Finally, Debbie Walker becomes client services director at Succession Holdings, building multi-functional team to support Succession Group’s client-centric propositions. She will also take charge of Model Office, the firm’s communications infrastructure which helps advisors ready themselves for acquisition by Succession Group.

Furthermore, Succession Holdings will name three regional directors in January, who will overview its national hubs and deliver training and recruitment services to its member firms.

“More than £2 billion of client funds have now been placed on the Succession investment platform and £10 billion of funds are held under management by our 350 advisors,” Chamberlain said.

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