Irwin Mitchell’s wealth management arm IM Asset Management Limited (IMAML) has appointed financial services industry expert Simon Hynes as a non-executive director to its Board.

Irwin Mitchell’s wealth management arm IM Asset Management Limited (IMAML) has appointed financial services industry expert Simon Hynes as a non-executive director to its Board.

Simon is an independent non-exec director and consultant with 33 years’ experience in financial services. He has extensive UK and European asset management distribution leadership expertise gained at organisations including Legal and General Investment Management, Aviva and Jupiter Fund Management. He is a senior adviser to the Fund Boards Council and independent non-exec director at Nedgroup Investments and before his investment career Simon was a Royal Air Force officer at RAF Cranwell.

IMAML has a team of 82 offering asset management, financial planning, tax planning and other financial services and currently has c. £1.2bn assets under management. Its clients include personal injury clients as well as, individuals and charities.

Launched in 2000, IMAML is going through a time of growth having recently agreed deals to acquire asset management firms TWP Wealth in Cheshire, and Leeds based Andrews Gwynne. Originally launched to provide financial planning and asset management to personal injury clients receiving large settlements. ln 2017 their services were broadened to provide wider Financial and Investment Advice to individuals investors and external clients.

Expert Opinion

“We’re delighted to welcome Simon to our Board, he brings extensive experience and expertise that will be fundamental in helping us deliver our ambitious strategy to build on our reputation and increase our market share in the wealth arena.

“As part of Irwin Mitchell we’re uniquely placed to help clients with both legal and financial services. Our clients are increasingly using more services with us and we want to continue to bring that client service to others. Our financial planners can draw on a wide range of experts across the group such as wealth structuring, tax and pensions specialists including those with significant international clients.” Richard Potts, CEO at IMAML

Simon Hynes said: “It’s great to be joining the Board of Irwin Mitchell Asset Management at such an exciting time. Combining a broad range of expert lawyers with a very high quality wealth management their service provides clients with a unique and powerful package. Irwin Mitchell is also a forward thinking employer offering fully flexible working and improved family friendly people policies. Even after an exciting period of growth, there is still huge potential to grow the business”.

“I’m here to provide advice and support to the leadership team to help them execute and shape the strategic growth plan and I’m looking forward to getting started.”