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Professional Services

LGT Wealth Management plans office launch and expansion

Firm signs new office deals to make Manchester debut and grow its presence in Birmingham

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Professional Services

By

Tamlyn JonesBusiness Reporter

16:00, 19 FEB 2024
Updated16:05, 19 FEB 2024

Arkwright House, Manchester — LGT Wealth Management is opening a new office in Arkwright House in Manchester (Image: Colliers)

A wealth management firm has announced expansion plans in both the North West and West Midlands.

LGT Wealth Management is planning to launch a new base in Manchester city centre and relocate its team in Birmingham.

The global business is opening its first ever Manchester office in Arkwright House, near Deangate, in March where it will welcome Mike Stirrup, formerly of Artorius Wealth and UBS, as a wealth planner.

He will be joined by Matthew Stevenson as a trainee investment manager, having previously been with Evelyn Partners.

The practice said it would add to the Manchester team over the coming months and look for a more long-term base in the city.

In Birmingham, the company plans to move its team from 2 Snow Hill to a new home at 103 Colmore Row, also next month.

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This relocation will accommodate the growth of its staff in the city following the acquisition of fund manager abrdn Capital last year which added teams in Birmingham and Leeds to its payroll.

Tom Stone also recently joined the Birmingham office as an investment manager, following 12 years at Quilter Cheviot.

Chief executive Ben Snee said: "We benefit from forward-thinking private ownership that enables us to invest in the business continuously.

"The growth of our regional footprint with these two new offices in Manchester and Birmingham further highlights our dedication to bringing exceptional service to our clients and partners around the ��Ƶ.

"These cities have always been important to us and we will further develop our strengths in these regions with new talent and fresh perspectives that match our entrepreneurial ethos and dedication to client service."

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