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Son takes over from father as CEO of wealth firm

Son takes over from father as CEO of wealth firm

Dan Boardman-Weston is to replace his father as chief executive of BRI Wealth Management.

The wealth management company announced today (March 28) that Simon Boardman-Weston will move to executive chairperson on April 1.

The outgoing chief executive acquired the firm in 1991, and since then has built its annual turnover to £5mn.

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Simon Boardman-Weston said: “Dan has played an integral role on the board and management team, helping us to become the successful firm we are today. BRI’s management team is now one of the best I have had the privilege to work with and through them, the business is in excellent hands.”

“I plan to remain involved in the day to day running of the business, taking on the role of executive chairman.

"For the last few years, that job has been done in an exemplary manner by Dean Wragg, who has combined it with his numerous other responsibilities and will continue to be an important part of the company’s future.”

Dan will retain his responsibilities as chief investment officer, and said it was an "honour" to be appointed chief executive.

“My father has led the business to where it is today and cemented the firm’s reputation as one of the best wealth management firms around. 

“I am focussed and determined to lead the company through some very exciting years ahead.”

The company provides financial advice across investment management and financial planning, and has 44 employees.

Earlier this month, the firm boosted its financial planning team as it embarks on a growth strategy across the region.

As part of its growth strategy, Jordan Laight joined the financial planning team as a paraplanner.

In her role, Laight works closely with financial planners, assisting with the drafting of financial planning reports, advising clients on their investments based on objectives, risk profile and time horizon.