Quilter has appointed Paul Canning to the new role of business development manager for London and the South East in its platform business.
The new role is part of a revamped regionally focused business development team, led by Graham Foley, Head of Business Development and Discretionary Sales.
Mr. Canning joins Quilter after 17 years at Abdon, most recently in the role of director of strategic relationships.
Canning has over 30 years' experience in financial services and previously worked at Royal London, RSA and Aviva.
Mr. Canning will report directly to Mr. Foley and will focus on building long-term strategic relationships with financial advisors.
He will be responsible for providing support on regulatory and business issues to help companies grow and operate more efficiently.
Commenting on the appointment, Mr. Foley said: “We are very pleased that Paul has decided to join Quilter and lead the business development activities for the Quilter platform in London and the South East.”
He said Canning brings a “rich heritage of experience” in the wrap and platform space and has “a lot of enthusiastic support” from colleagues, advisors and industry experts.
“With Paul’s appointment, we are excited to introduce how the Quilter platform helps advisors deliver superior financial planning outcomes for their clients as we continue to roll out exciting new improvements and developments. You can broaden your focus.”
Canning said he is “delighted” to be joining the Quilter platform team at an “exciting stage of growth” for the platform.
He added: “I look forward to continuing to support advisors to run efficient businesses and make the best decisions in the best interest of their clients.”
In August, Quilter slightly surpassed Abrdn to become the largest advice platform in terms of assets under management (AUA) last quarter.
According to financial updates released on August 8, Quilter's AUA for the year ended June 30 was £69.4 billion, compared to Abdon's AUA of £69.3 billion.
Quilter suggested that platform upgrades contributed to performance.