Netwealth, the challenger wealth manager, is pleased to announce the appointment of Edward Bonham Carter as Chairman.
Edward, whose long-standing career includes over 25 years at Jupiter Fund Management, culminating in 7 years as Group Chief Executive and 6 years as Vice Chairman, is a widely recognised industry leader with significant expertise in the investment market. He has served on Netwealth’s Board of Directors for 3 years as a Non-Executive Director and is both a client of and investor in the business.
Edward is Senior Independent Director of Land Securities Group and ITV plc alongside other advisory and leadership roles.
Commenting on his appointment, Edward Bonham Carter, Chairman of Netwealth said:
“The future of wealth management looks very different from today. I believe the wealth managers that retain the critical aspects of expert fund management and human advice, with fully integrated technology and a cost-effective client proposition stand to be the long-term winners, which is why I am excited to be working with Netwealth.”
“Having proved its client service model, Netwealth is now poised for its next chapter of growth. There are big opportunities through the continued organic growth of assets, as well as additional expansion by moving further into the traditional advice market, potentially through acquisition. I look forward to working with Charlotte and the team to deliver on this strategy.”
Charlotte Ransom, CEO of Netwealth, added:
“We are delighted that Edward has become Netwealth’s Chairman. He brings an exceptional mixture of industry experience, fund management expertise and leadership credentials. His appointment also highlights the fundamental necessity of combining the best elements of traditional wealth and asset management with modern technology in a hybrid model.”
“Edward’s appointment reflects the scale of our ambition and our view that the wealth management industry remains open to significant change to the benefit of clients.”
