Ascentric hires experienced senior executive to lead institutional business
13 September 2016
Ascentric, a leading platform in the UK, today announced the appointment of Simon Gully as head of its institutional business. This is a newly created role as the platform looks to expand its institutional expertise and capabilities.
Simon, who has a strong 20-year track record of success, will be responsible for leading’ Ascentric’s institutional push, and further deepening the platform’s relationships with key existing and future clients.
He joins Ascentric from Scottish Widows, where he was responsible for driving the firm’s sales efforts, and has also spent over 15 years at AXA Wealth and AXA Sunlife in a variety of senior sales and management roles. He will be based at Ascentric’s headquarters in Bath.
Simon’s appointment reflects Ascentric’s continued commitment to existing white label customers as well as the group’s ambition to provide innovative white label solutions to clients.
Commenting, Jon Taylor, Managing Director of Ascentric, said: “Simon brings a wealth of experience in managing large and important client relationships and he has a deep understanding of the challenges, and opportunities, facing them as a result.
“As a platform specialist, with a proven track record of delivering bespoke solutions to a broad range of clients, Simon will be responsible for not only enhancing our existing client relationships but also ensuring we continue to be forward thinking and innovative in the products and solutions we offer to the market. He is a strong addition to our senior management team.”
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About Royal London:
Royal London is the largest mutual life, pensions and investment company in the UK, with Group funds under management of £83.4 billion. Group businesses serve around 5.3 million policyholders and employ 2,922 people. (Figures quoted are as at 30 June 2015).
The Group is currently moving all of its UK and Ireland life, pension and investment businesses under a new version of the Royal London brand. The Group's independent wrap platform will remain branded Ascentric.
Ascentric, IFDL and Fundsdirect are trading names of Investment Funds Direct Limited (IFDL).
Investment Funds Direct Limited was founded in 1982, and Fundsdirect launched as the UK’s first online fund supermarket in December 1999. Since that time, the company has built on its reputation as a leading UK fund supermarket to provide Financial Advisers with a Wrap platform under the brand name of Ascentric. It provides a full white label solution for institutional clients requiring bespoke technology and administrative services.
Ascentric is a Wrap platform, available exclusively to financial advisers and offers a fully integrated online investment management and dealing platform. It also enables advisers to transfer their clients’ assets onto a single platform to provide them with the ability to manage their client’s financial needs in just one place.