Asset management group Columbia Threadneedle Investments has appointed Richard Borthwick as head of UK wealth solutions, a newly created role.
Richard, who continues to lead Columbia Threadneedle’s UK regional sales team, now also oversees the firm’s strategic engagement with UK wealth management consolidators.
Accountable for UK wealth sales performance and growth, he will work with senior leadership teams to develop commercial partnerships across the industry.
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Mike O’Toole, head of UK wholesale distribution at Columbia Threadneedle Investments, said: “As consolidation reshapes the advice market, the ability to combine investment expertise with practical business support is becoming increasingly important. This enhanced structure ensures our distribution team is aligned to changing market dynamics, with a clear focus on driving growth, strengthening adviser partnerships and delivering for clients.”
Paul Niven, head of multi-asset solutions at Columbia Threadneedle Investments, said: “This is an important evolution for our business, helping advisers deliver better outcomes for their clients across our capabilities and in particular through tailored multi-asset solutions. In a changing market, this will ensure we can engage with our clients and provide them with bespoke solutions that continue to meet their investment needs.”
