Irwin Mitchell Appoints New CEO To Financial Planning and Wealth Management Business

Irwin Mitchell’s financial planning business IM Asset Management Limited has appointed experienced wealth manager Stewart Sanderson as its new Chief Executive Officer following his predecessor, Richard Pott’s retirement (subject to regulatory approvals).

Stewart joins IM Asset Management Limited from Brooks Macdonald where he was a senior director who led the UK Private Client proposition and advising key clients with their broad wealth management needs.

He 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.<

IM Asset Management has c. £1.2bn assets under management with clients including those who have received damages following serious injuries as well as high net worth clients from sporting and business backgrounds.

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 said: “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.”

In January IM Asset Management Limited also appointed Lynzi Harrison as a new Non-Executive Director (NED). Lynzi brings with her a wealth of experience, having worked in leadership/Board-level roles within large Corporates (Old Mutual) and mutual/friendlies (LV=) for over 25 years. She also possesses extensive knowledge gained from serving in multiple NED positions across financial and professional services organisations. 

Read more about IM Asset Management's expertise in Financial Planning and Wealth Management.