Your IndustryAug 3 2021

Ex-Cazenove financial planning chief joins Irwin Mitchell AM

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Ex-Cazenove financial planning chief joins Irwin Mitchell AM
Dmitriy Shironosov/
BySally Hickey

Cazenove’s former head of financial planning David Austin has joined Irwin Mitchell’s wealth management board as a non-executive director.

In a statement this morning (August 3), the group said he will help provide strategic direction, business and professional development at Irwin Mitchell.

Irwin Mitchell is known as a law firm but in 2000 Irwin Mitchell Asset Management was launched to provide financial planning and asset management to personal injury clients receiving large settlements.

In 2017 it was expanded to provide wider wealth management services for other individuals and now has £980m assets under management.

Austin was at Cazenove for 20 years and was involved in starting up the wealth brand before becoming head of financial planning and head of UK business development.

He oversaw the sale of the brand to Schroders for £440m in 2013.

In the statement, Austin said the opportunity for growth at Irwin Mitchell was “very exciting”.

He added: “Combining a broad range of expert lawyers with a very high quality wealth management offer provides clients with a unique and powerful package.

“I’m here to provide advice and support to the leadership team to help them execute and shape the strategic growth plan and I’m looking forward to getting started.”

Richard Potts, chief executive of Irwin Mitchell Asset Management, added: “Bringing David on board will boost our growth plans significantly and we’re delighted that he has recognised our potential. 

“We’ve grown fast in the past few years but we want to accelerate our plans and bring our expert services to even more clients.

"David’s experience and expertise will be fundamental in helping us to grow our reputation and market share in the wealth arena.”