Cheviot off to a flying start

WEALTH management specialist Cheviot, is toasting passing a significant early milestone, three months after the launch of its Liverpool office.

The North West team has brought in excess of £50m of funds under management since the opening of the base 5 St Paul’s Square, in late May.

Nigel Hibbert, a senior partner in Liverpool commented: “We opened without being at full strength and a standing start in terms of assets under management, so it’s a real pleasure to be able to announce this £50m milestone so quickly.”

Cheviot’s North West team were separately recruited from Deutsche Bank (previously Tilney Investment Management) earlier this year and joined  as their contractual obligations have allowed.

Hibbert added: “We have also benefited from some new and very positive relationships with some of the region’s best independent financial advisers.”
 
Chief executive Michael Kerr-Dineen added: “Our growth plans for Liverpool are very ambitious. We are already experiencing fast organic growth, which I believe is aided by our partnership model which frees up staff from any conflicts of interest. This makes it an attractive proposition for staff and clients alike.”