Tilney has brought in an experienced operations specialist as head of financial planning.
Andy Grant joins from British Business Bank where he served as chief operating officer. He has also previously held the COO role at Royal London, where he prepared the business for its new growth strategy. This latter role included repositioning the company’s business divisions, developing a direct to consumer digital business and integrated the insurance and asset management divisions acquired from Co-Op.
Grant has also held similar roles at Amlin and worked for Royal Bank of Scotland on an advisory basis while it integrated its ABN Amro Global Markets purchase.
Prior to this he spent a decade at UBS, latterly UBW Wealth Management, after starting his career at Accenture.
At Tilney he will be tasked with growing its UK-wide financial planning business, which has 208 client-facing financial planners operating out of 30 offices across the UK.
Grant’s hire is the second big appointment the wealth firm has announced this week, after it recruited Andrew Baddeley from TP Icap as chief financial officer.
Tilney chief executive Chris Woodhouse (pictured) said: ‘Andy brings extensive experience in managing teams, business integrations, change management and driving growth and joins at a really exciting time for the business as we embark on our next phase of growth and development.
‘Tilney is in great shape having invested heavily in both new technology and building our brand while also recently reporting a record year for revenues, gross new business and profitability.’
He added: ‘Andy will lead what is already a sizeable, UK-wide team of exceptionally high calibre financial planners and he will play a pivotal role in helping us build our financial planning business further, including through new hires and potential acquisitions.’