Mr Parker, who until recently was head of private banking at private bank Banque Havilland, having joined in June 2012, has announced the launch of RiverPeak Wealth.
He said the new venture launched this month will provide portfolio management, investment analysis and financial planning to those looking for a high level of personalised service.
Mr Parker said: “There is no doubt that a gap in the market exists for a private banking style wealth management firm – one that goes beyond the old-style product sell to provide the high level, holistic, strategic service usually enjoyed by only the very wealthiest individuals and families.
“RiverPeak has been set up specifically to fill that gap, offering clients a highly personalised service built around their individual needs and aspirations.”
Background: Mr Parker has more than 30 years’ experience in private banking. His role at Banque Havilland was to help develop and grow its private banking operations in the UK, Luxembourg and Monaco.
He joined the business from Citi Private Bank where he was managing director with responsibility for UK and global ultra high net worth individuals. Before that, he was a director at Barclays Private Bank.