Mr Rowsell – who has 28 years’ experience in private banking – joins Barclays Wealth from Coutts & Co, where he was instrumental in helping to establish and develop its regional business in South Wales over the past 13 years.
This latest hire is part of SEI’s business expansion, in response to significant interest from global banks, insurance companies and large wealth managers.
The symposium, which is being organised by Liverpool office partner and Intermediary director Mark Ewer, will see seven keynote speakers address delegates on issues including technology, equity funds, hedge funds and emerging markets.
The move won’t trigger any job losses in Chicago, which will remain the firm’s Americas headquarters, the broker said today in a statement. The firm plans to add 1,000 jobs across the U.S. this year, it added.
Gordon Scott, the head of the Edinburgh operation, is leaving the business and will not be replaced.
The private members’ club chain was valued at about 250 million pounds ($382 million), the newspaper reported, without saying where it got the information.
In survey of 1,400 Europeans by the British asset manager in September, 40% of respondents said the most important financial advice they would give children would be: start saving as early as possible.