She will be tasked with developing and improving Tatton’s investment proposition and Wealth Manager understands that she will build a bespoke version of its existing managed portfolio service (MPS).
The platform-based MPS is the wealth firm’s flagship proposition, levying an annual management fee of just 0.15%, but it is thought by being able to offer a bespoke version will help it appeal to a broader range of clients.
She will be based in Tatton’s Manchester office.
Tatton spokesman Roddi Vaughan-Thomas said: ‘It’s a testament to the progress Tatton has made that we are able to attract professionals of Claire’s calibre to the team. She joins as director of investment solutions and will work with the investment and executive team to develop and improve our offering to IFAs.
'We are now the dominant provider of MPS DFM services in the UK so having someone with her experience is a great addition.’
In its most recent set of results, the firm reported a 454% jump in pre-tax profit to £3.08 million in the six months to 30 September 2018. Assets under management rose from 29.5% to £5.7 billion.
The firm's chief executive, Paul Hogarth (pictured below), outlined his vision for the business, which listed on AIM in July 2017, in a profile last April. This included the development of strategic partnerships and focus on fees.