Annamaria Koerling, who previously headed the wealth management business of C Hoare & Co in London and oversaw its recent sale to Cazenove, has joined the London-based Owl Private Office as a partner, alongside founders Adam Wethered, William Drake and Andrew Wimble.
As reported, Wethered, Drake and Wimble joined forces earlier this year to launch Owl, in London’s Smith Square, to cater for what they said was a need in the market for a “conflict-free advisory service” for wealthy individuals and families.
They said they chose the Owl name because birds of that species are seen as representing wisdom and being watchful, in line, a spokesman said, with the company’s stated ideas about some of the key characteristics wealth managers should possess.
In a statement, Koerling said Owl was different from most other advisory firms as a result of its “unique” focus on the “very top of the wealth advisory ladder”, which means clients will require help with “issues that impact families and endowments, defining or re-defining their purpose of wealth, and guiding its structuring and deployment”.
Prior to joining C Hoare & Co in 2010, Koerling held a number of other senior roles in financial services over the past 25 years, with such companies as Schroders, Cazenove Capital Management and Merrill Lynch and latterly .
In addition to her new executive role at Owl Private Office, she has recently been named a commissioner of the Jersey Financial Services Commission, and is a Fellow Commoner of Queens’ College Cambridge, of which she is a graduate.
Prior to joining in the launch of Owl, Wethered was involved, along with co-Owl-founder Drake, in the Lord North Street private investment office, which they co-founded in 2000 and sold to Sandaire in 2014. Wimble joined them from a career in wealth management that began as a Lloyd’s insurance broker and Merrill Lynch stockbroker.