John Porteous joins OMW to establish customer solutions team

OMW prepares to demerge from Old Mutual

Old Mutual Wealth (OMW) has appointed former Towry head of client proposition John Porteous as retail customer solutions director.

Porteous (pictured) left Towry in May, a year after the firm was acquired by Tilney Bestinvest and integrated into the rebranded Tilney group. He was previously head of wealth management at Baker Tilly until it was acquired by Towry in 2014. In the newly created role, Porteous will be responsible for establishing the retail customer solutions team, which OMW said will play a central role in the firm's strategy of blending businesses to create customer-focused wealth management solutions. OMW last year announced its 'managed separation' from the wider Old Mutual group, with plans to...