Advice Investments Wealth management

Quilter plc announces Stephen Gazard to succeed Andy Thompson as CEO of its advice business, Quilter Financial Planning

3 June 2020

Quilter is pleased to announce that Stephen Gazard, currently Group Managing Director of Quilter’s advice business, will become Chief Executive Officer of Quilter Financial Planning, subject to regulatory approval.  He replaces Andy Thompson who will leave the business at the end of June.

Andy joined Quilter as part of its acquisition of Intrinsic, having previously sold his Blueprint businesses to them. Andy became CEO and joined the Quilter Executive committee in 2016 and under his leadership Quilter Financial Planning has grown and transformed considerably both organically and through acquisition to become one of the leading advice businesses in the UK.

The next phase of Quilter Financial Planning’s strategy will focus on fully integrating the business, bringing it closer to the rest of the Quilter group, and to continue to deliver the best possible outcomes for customers through trusted financial advice.

Stephen joined Quilter Financial Planning in 2017 as Group Managing Director and has been a key member of the executive team. He has a wealth of experience with over 23 years in the financial advice industry, having previously been Managing Director at Sesame Bankhall Group where he played a pivotal role in restructuring and running the financial advice business.

Paul Feeney, Quilter plc CEO said “Delivering trusted financial advice is central to everything we do and I want to thank Andy for the role he has played in building our advice business. As we move into the next phase of our journey I’m delighted that we have such an able successor in Stephen Gazard to take over the reins”.

Andy Thompson said “I am incredibly proud of what we have created together as we have focused on serving customers and supporting advisers as a core part of the Quilter Group. Stephen Gazard is a proven leader in advice and will guide the business forward to its next more integrated phase. I would like to thank our advisers, colleagues and Board for all of their support throughout this incredible journey.”

Stephen Gazard said “It is an honour to be asked to lead Quilter Financial Planning through its next phase. We have huge potential to make trusted financial advice more accessible to ensure the best possible outcomes for customers”.

For more information contact

Tim Skelton-Smith
023 8091 6998 
078 2414 5076

Jane Goodland  
077 9001 2066

Notes to Editors:

Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

Quilter plc oversees £95.3 billion in customer investments (as at 31 March 2020).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset investment solutions; and discretionary fund management.

The business is comprised of two segments: Advice and Wealth Management and Wealth Platforms.

Advice and Wealth Management encompasses the financial advice business, Quilter Financial Planning; the discretionary fund management business, Quilter Cheviot; and Quilter Investors, the Multi-asset investment solutions business.

Wealth Platforms includes Old Mutual Wealth UK platform and Quilter International, including AAM Advisory in Singapore.

The Old Mutual Wealth Heritage life assurance business was acquired by ReAssure Group Plc on 2 January 2020.

Since its IPO in June 2018, Quilter plc’s businesses have progressively rebranded to Quilter, as follows: 

  • Quilter Financial Planning (previously Intrinsic)
  • Quilter Private Client Advisers (previously Old Mutual Wealth Private Client Advisers)
  • Quilter Financial Advisers (previously Charles Derby Group)
  • Quilter Financial Adviser School
  • Quilter Cheviot
  • Quilter Investors
  • Old Mutual Wealth (becoming Quilter Investment Platform in 2020)
  • Quilter International (previously Old Mutual International)

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Quilter plc.  Registered office: Millennium Bridge House, 2 Lambeth Hill, London EC4V 4AJ, United Kingdom. Registered number: 6404270.  Registered in England.