International financial advice firm Globaleye has promoted Rupert Searle to chief executive.
Rupert Searle entered the business in 2014 after graduating from university, starting in wealth advisory then moving on to leading the company’s marketing department, before latterly taking on the position of group general manager.
The move sees his father, Tim Searle, step away from operational oversight and moving to non-executive chairman to focus on advancing the firm’s mission to become a “global leader in high net worth advisory solutions”, the company said.
This change comes several months after the company told International Adviser that it is set for an acquisition spree across the UK, Europe, Asia and the Middle East.
Time for change
Rupert Searle said: “I am excited to have been given the opportunity to lead and shape this company, building on the great proposition we already have.
“The wealth industry has a unique challenge, in that clients demand technology-driven solutions whilst expecting hyper-personalised service, which is true for most age groups and wealth segments. We aim to address this by deploying a fully digital experience for our clients and advisers.
“That being said, our strategic focus is on providing highly bespoke advisory solutions for the affluent and ultra-high net worth individuals. These clients typically have highly complex planning needs that require the combined services of multiple experts to deliver bespoke solutions. This is one area that will not be disrupted by technology and there is no substitute for good old-fashioned face-to-face interaction.”
Tim Searle, who was formerly chairman, added: “The only constant in life is change, and we embrace it fully. Rupert has consistently delivered results, so I have complete confidence in his ability to drive our company into its next phase of growth.
“Stepping away from management duties allows me to continue developing our ultra-high net worth proposition, spending more time with clients and developing relationships with other fiduciaries, family offices, trustees, lawyers and private banks.”
In January 2022, the company hired Nigel Gregory as director of wealth management in Dubai.