London Wall Partners, an independent financial advisory firm and wealth manager, has appointed David Lovell as partner.
A director of IFA firm Saunderson House for the last 22 years, the appointment sees Lovell reacquainted with his old firm’s former chief executive officer Nick Fletcher.
Working closely together for some 18 years, Fletcher and Lovell have joined forces once more in a quest to ensure that the clients’ interests remain paramount, and that financial advice remains truly independent.
Lovell says: “I could not be more pleased to have this opportunity to work with Nick once more. Nick has always paved the way in retail financial services, with his ground-breaking style of leadership, and in forming London Wall Partners he has attracted and built a formidable team – partnering with global investment manager and economist Jeremy Beckwith, formerly chief investment officer at Kleinwort Benson, and Mark Johnston, formerly a director in KPMG’s financial services practice.”
Beckwith has joined the partnership as CIO, with Johnston appointed chief operating officer and chief financial officer.
“I am firmly of the view that an owner-managed partnership is the ideal structure from which to operate and provide a completely independent offering,” says Lovell. “It is the structure adopted by a number of well-established and highly regarded legal and accountancy firms, and a structure which means we will not be distracted or influenced by short-term shareholder pressures. It enables us to put our clients’ interests first, at all times – and that is our core long-term focus.”
Fletcher says: “Having worked with David over a period of 18 years, I am honoured that he has placed his faith in me, and that he has decided to join Jeremy, Mark and I, and the rest of the team, in this exciting new venture. Together, our executive management team has over 100 years of experience in the financial services industry, encompassing global investment, financial planning, regulatory, audit and transaction services knowledge.”
