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Ex-deVere MD Mike Coady starts new job ‘with immediate effect’

By Mark Battersby, 21 Dec 16

Former managing director of deVere UK Mike Coady has become chief commercial officer ‘with immediate effect’ at rival firm Guardian Wealth Management (GWM).

International Adviser

The announcement was made on Wednesday morning at GWM’s group annual general meeting.

Coady, who recently left deVere UK after 12 years with the Group, will be tasked with “driving the global expansion of the GWM Group, as the company builds upon its position as one of the leading expatriate financial advisory organisations”, the company said in a statement.

He will “focus on increasing market share through both the expansion and ability of existing offices and through the opening of additional regions, new brands and the development of further technology supported distribution channels”, it said.

Coady said: “I genuinely am very excited about this partnership. Guardian Wealth Management has already benefited from a successful expansion programme and I am looking forward to working closely with what is clearly a strong and committed management team, to realise the full global potential of the Guardian brand and its industry leading service culture. I feel extremely optimistic to now be part of this firm and the positive belief system it clearly has.”

Gavin Pluck, GWM’s group managing director, said: “Mike brings an obvious wealth of experience to this role and has demonstrated very strong leadership over many years, he is highly creative and has exceptional organisational skills. These strengths will be invaluable as we enter another exciting phase in our history. Mike has well known capabilities in the development of advisory businesses.”

Pluck added: “We are thrilled that Mike has joined the executive leadership team. This is a key hire for the group and reflects our ambition and a great indication of our commitment to our innovative development. Mike’s infectious high energy levels was a real attraction to us, as a high growth business operating in a highly dynamic and competitive market. His knowledge of the industry is second to none.”

David Howell GWM’s chief executive, said: “We are a passionate team with an absolute focus on understanding and meeting the needs of our customers.”

Tags: Guardian Wealth Management

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.