Conforto appoints Peter Klauber as chairman

The appointment is the latest move in the expansion of Conforto, which has seen its assets under management more than double to £125m in the past four months.

The fee-based IFA firm, best known for its expertise in advising high net worth individuals including elite sports people, has recently agreed two acquisitions and recruited staff as part of its aim of building a company to £500m assets under management.

Andy Sutton, managing director of Conforto said: "We first met Peter when he was advising us on our expansion strategy and he was sufficiently convinced of our potential to want to work with Conforto.

"He brings a wealth of experience and expertise to Conforto and will be a key player in defining and successfully delivering our expansion plans."

Klauber has more than 30 years experience as a chartered accountant, including 10 years advising small and medium-sized businesses on strategy and development.

He initially trained at accountants Robson Rhodes and became a partner there in 1990, before joining Ernst & Young where he was a senior partner focusing on small and medium-sized businesses.

In the past two years he was based in London with specific responsibilities for client account management and developing business networks for the middle market practice.

Conforto, which currently has 17 staff including six Registered Individuals, most recently acquired the IFA firm Christie Scott's based in Reigate, Surrey. In July Conforto also acquired The McCroddan Partnership.

The firm, which was founded in 2005, initially focused on professional sports people but has widened its client base through a healthy stream of new client referrals.