St. James’s Place Wealth Management Asia has hired two long-time Fry Group executives, Miles Gooseman and Martin Rimmer, as the UK-based, FTSE 100 wealth manager continues to grow its Singapore outpost.
Gooseman (pictured right, above) and Rimmer (pictured left) have more than 30 years of combined experience in the financial planning and wealth management sector, according to a statement announcing their appointment, which said their roles at St James’s Place will see them focusing on “providing wealth management services to affluent and high-net-worth expatriates and Singaporeans”.
At St James’s Place Singapore, Gooseman will be principal of a new “advisory team”, while Rimmer will be head of tax. The new entity is being called Select Investors, and is being set up to provide holistic tax, wealth and succession advice to British, Australian and Singaporean clients.
At Fry, Gooseman had been a senior financial consultant, having joined in April 2011, while Rimmer had been head of tax. He first joined Fry in 1999.
Commenting on Rimmer’s and Gooseman’s appointments, SJP international partnership director Mike Gravestock noted that the company had “been aware of the excellent reputation that Miles and Martin have within the international community for some time”.
Founded in 1991, St James’s Place Wealth Management first listed on the London Stock Exchange in 1997. Today it looks after more than £85.7bn in client funds under management. It established a presence in the Asian market in 2014 when it acquired and re-branded the Singapore-based Henley Group advisory firm, founded in 1990 by Antony Michell.
SJP Wealth Management Asia currently has offices in Hong Kong and Shanghai in addition to its Raffles Place, Singapore Asia headquarters.
In June, the company said it had “more than doubled” the size of its Singapore presence since 2014.