Wealth Club is pleased to announce the appointment of Alan Durrant as Chair of the Investment Committee for its Managed Portfolio Service, as the business continues to scale its offering for high-net-worth investors.
Alan brings decades of investment experience and leadership to the role. He began his career at Hargreaves Lansdown, where he spent 13 years, latterly as Investment Director. He has since held a number of senior positions, including Chief Investment Manager at Skandia Investment Management, Group Chief Investment Officer at The National Bank of Abu Dhabi, and Managing Director at Gulf Finance House.
Alan later co-founded Harwood Wealth Management, which he led as Chief Executive Officer through its successful admission to AIM, which valued the business at £90 million. More recently, he served as Group Chief Investment Officer of Hurst Point Group. He has been a Director of Harwood Capital Management Limited since 2013 and is currently a consultant and investment committee member at Cohesion Asset Management.
Wealth Club’s Managed Portfolio Service, launched just over two years ago, has already grown to £40 million in assets under management and continues to build strong momentum.
Alex Davies, Founder and CEO of Wealth Club, said:
“I have known Alan since 1999, and I am absolutely delighted to welcome him to Wealth Club. He has managed investors’ money, teams of investment managers and investment firms, through the highs and lows of the past 30 years. I think his experience and judgement will add real depth to our investment process.
Our Managed Portfolio Service has made an excellent start, growing to £40 million of assets in just over two years, and we see a significant opportunity to scale this much further. Alan will strengthen our already experienced team, while his network and international perspective will be invaluable to the whole business as we continue to expand our breadth and offering.
We already provide a premier investment service to high-net-worth investors – there is no other firm that combines the ease, convenience and low costs of an online service with the breadth of opportunities you’d normally find in a private bank and the attentive and competent service that’s so rare to encounter nowadays. Alan’s appointment is the latest step as we continue to build on that position and our aim to grow Wealth Club into a billion-pound business.”
Alan Durrant said: “I am very pleased to be joining Wealth Club at such an exciting stage in its development. The business has built a strong reputation and has clear ambitions for growth, particularly within its Managed Portfolio Service. I look forward to working with the team to help shape the investment strategy, support its continued expansion, and deliver strong outcomes for clients. There is a compelling opportunity to build a leading investment offering in this space.”