People Moves

UK Wealth Manager Recruits Manager To Handle Rising Chinese Demand For Visas

Stephen Little Reporter 8 August 2014

UK Wealth Manager Recruits Manager To Handle Rising Chinese Demand For Visas

The UK wealth manager has added to its ranks to deal with expanding Chinese demand for UK visas.

Wealth management firm Quilter Cheviot has appointed of Sam Jacobs as a business development manager to its London office to help deal with growing demand from Chinese clients for UK Tier One visas.

In this newly-created role, Jacobs will specialise in working with portfolio advisers and Chinese clients seeking to obtain a Tier One Investor Visa, Quilter said in a statement. His role includes regular consultations with solicitors and lawyers on behalf of clients and provision of translation services.

Before joining Quilter Cheviot, Jacobs worked as a regulated advisor for 15 years. He was most recently a financial planner at London & Capital and before this he worked at Charles Stanley, also as a financial planner. He has also held positions at the Bank of Scotland and American firm Edward Jones.

“Each international market has its own idiosyncrasies, and a good understanding of its language, culture and nuances of investor behavior will always be key to enriching how a business can operate there,” said chief executive Martin Baines.

“Sam joining the team will enable us to greatly enhance the services we provide to our Chinese clients and further increase our influence in this attractive market.  He has already proven just how effective he is, and we’re very pleased to have him on board,” added Baines.

Quilter Cheviot focuses primarily on structuring and managing bespoke discretionary portfolios for private clients, charities, trusts, pension funds and intermediaries.

The firm is based in 12 locations across the UK, Jersey and Ireland and had more than £15.7 billion of funds under management as of 30 June 2014.

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