Brunel Group has widened its portfolio, venturing into the world of financial planning with the launch of Brunel Wealth Ltd.
Initially operating from Brunel Group’s head office in Bristol, the new division will be led by managing director Iain Black, who owned defunct firm Deverill Black Limited. He is joined by private client head Alex Nicklin and financial planning head Carl Tuttiett who both come from Tilney.
Brunel Wealth – the creation of which follows last year’s unveiling of the group’s employee benefits subsidiary – will provide financial planning and wealth management to private clients, businesses, business owners, high-net-worth individuals, as well as charities and trusts.
Commenting on the development, Black stated: “I am excited to be involved in the launch of Brunel Wealth and the opportunity to build the highest quality financial advice and wealth management business.
“With Carl and Alex onboard at launch, we have demonstrated our commitment to building a professional team capable of providing the highest quality advice to clients from day one. We will add further quality to the team in both advice and administration in the coming months.”
Recruitment for the London and Manchester offices is underway.
“Following huge growth across the group, I am delighted to welcome Iain, Alex, and Carl to head up our new financial services business, all of whom have distinguished reputations within the industry,” noted group chief executive Russell Lane.
“The team brings extensive knowledge and experience within the wealth management sector, as well as a commitment and long-term vision for the company and our clients.”
Lane added: “Brunel’s ethos is centred around independence and excellent client service and the launch of Brunel Wealth offers new and current clients a complete insurance and financial planning solution for businesses and individuals alike.”
Brunel Group is the name behind Brunel Professions Ltd and Brunel Insurance Brokers, which came to life in 2005 and 2017, respectively.