UAE-based advice firm sets up UK private client business
As it looks to secure roughly £2bn AUM within 36 months AHR Private Wealth has launched a division aimed at providing independent advice to high and ultra-high net worth individuals across the UK. Ramped up recruitment Located in Surrey, AHR Private Clients will be run by managing director Steve Ayers, who previously headed up Lloyds Private Banking in Mayfair. AHR said it has set its sights on the UK, with a view to securing around £500m ($694m, €577m) within its first year of operation. The firm is looking to recruit 20 advisers over the next 12 months. It aims to reach 50 advisers and ...