GWM Investment Management bolsters London office with new hire

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With over 25 years experience, private banking veteran Paul Allen joins GWM Investment Management as executive director.

Having previously worked for Lloyds Private Banking in its ‘Mayfair’ high net worth and ultra-high net worth division, Paul's role will see him undertake both client advisory and senior management responsibilities.

‘Paul has been one of the most successful and reliable advisers of our generation,’ said Chris Payne, managing director of UK at GWM.

‘He joins us with a wealth of experience, technical expertise and business acumen, and I expect a hire of this calibre to strengthen our profile in the high net worth and ultra-high net worth marketplace.’

Paul Allen GWM Investment Management is the UK arm of GWM Group, established in 1994. It opened its London office last May and has more than £1.4 billion in client assets.

Allen (pictured) is GWM Investment Management’s second senior hire from Lloyds Private Banking.

The firm recruited Tom firm recruited Tom Milson in July last year who also joined as an executive director.

In order to accommodate the growth of the team, GWM recently moved offices from Cavendish Square to Mayfair.

Article originally published on citywire.co.uk

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