By: 22 March 2024
Stewart Sanderson takes the helm at IM Asset Management

Irwin Mitchell’s financial planning business, IM Asset Management Limited, has appointed wealth manager Stewart Sanderson as its new chief executive officer (subject to regulatory approvals). This follows his predecessor, Richard Potts’, retirement. Richard was based in the firm’s Sheffield office.

 

Stewart joins IM Asset Management Limited from Brooks Macdonald where he was a senior director who led the UK private client proposition. He also advised key clients on their broad wealth management needs.

Stewart has over 25 years’ experience of UK wealth management gained at institutions such as Seven Investment Management LLP, Lloyds Private Banking and Coutts & Co. He has also developed and led other private client businesses across London, Edinburgh, and Jersey.

Stewart holds several industry qualifications, is a fellow of the Chartered Institute for Securities & Investment (Chartered FCSI) and is a recommended wealth manager in the Spears 500 guide.

Stewart replaces Richard Potts who led IM Asset Management Limited for 20 years and was instrumental in growing the business from a small start-up business to c.75 colleagues.

 

Simon Hynes, chair of IMAML, said:

“We want to thank Richard for his outstanding service to IM Asset Management. His legacy is in building the strong business we have today. Net promoter scores are truly impressive and the financial contribution to the Irwin Mitchell Group has become increasingly significant over Richard’s tenure.  IM Asset Management colleagues and clients will certainly miss him, and we all wish him well in his retirement.

“Equally, Stewart has tremendous experience in growing private client businesses and his expertise will be invaluable as we seek to grow our share of the broader wealth management market.”

 

Stewart commented on his appointment:

“It’s an exciting time to join IM Asset Management Limited. They have a strong flow of AUM coming into the business. The team has expanded in recent years through M&A activity and there is a great opportunity to bring all of our expertise together and grow the business significantly.”

 

Image: Stewart Sanderson, chief executive officer, IM Asset Management Limited.
Emma Cockings
Emma is the content editor for Yorkshire Legal News. Emma is an experienced writer with a background in client-centric personal injury law for a major firm. She has attended and reported on numerous high-profile legal events in Yorkshire.