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Tilney hires ahead of adviser market push

Tilney hires ahead of adviser market push

Tilney for Intermediaries has appointed Mark Coles as financial director for intermediaries, moving from Cofunds.

Mr Coles was head of business partnerships at Cofunds, accountable for the growth and development of existing top tier key account customers.

Before this, he spent four years as head of business partnerships at Architas, generating new business relationships with financial advisers, and prior to that was investment strategy manager at Axa Wealth.

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In the new role, Mr Coles will work to strengthen both the existing relationships the firm has with advisers, as well as growing its presence with additional financial planning businesses.

He will be based in the Birmingham office and will report into Miles Robinson, head of Tilney for Intermediaries.

Mr Robinson added the appointment comes as the business looks to expand its reach to an even greater number of financial planners.

He said: “As well as aiding our work in building Tilney’s client bank, his [Mr Coles] skills in deepening existing partnerships will be of upmost importance.

“The opportunity to provide robust, cost-effective investment management solutions has seen a renewed focus post RDR; our expertise means we understand the various challenges facing financial planners and have the capability and resources to address them.”

Last June, following the merger of Bestinvest and Deutsche Bank’s UK regional wealth management business Tilney, the business-to-business brand was launched to service clients of 250 UK financial advisers accounting for more than £1.1bn of assets.

Peter Hall, Bestinvest chief executive, initially led the combined group, strengthened by the office heads from the four Tilney locations.

peter.walker@ft.com