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Smith & Williamson Loses Seven Private Client Brokers to Rival

Contributing Editor

2 November 2005

London-based investment management firm NCL Smith & Williamson has lost seven private client fund managers to Brewin Dolphin. The seven control up to £500 million of private client money, according to reports in the British press. The seven are William Bonner-Davies and Richard Bourne, who have apparently already joined Brewin Dolphin, and Paul Oelmann, Charles Brittain, James Ingram, Stephen Thornton and Alan Holton. The departures from Smith & Williamson follow the loss of two private client asset mangers, Claire Gordon and Simon Clark, to London-based BrooksMacdonald in the last few months.