Derrick Dunne has been appointed Chief Executive of Beaufort Investment (subject to FCA approval).
Derrick has extensive experience of the financial services sector. Most recently he was Chief Executive of Sanlam FOUR which he founded in 2006. Derrick began his career at Russell Investments in 1990, moving to Stamford Associates in 1994 and then Mercer in 1998. He subsequently went on to build Attica MM from 2000 which was acquired by American Express, before founding FOUR Capital Partners which was later acquired by Sanlam.
Derrick possesses an in-depth understanding of the asset management industry having worked with operational and governance structures of both large and small companies, successfully navigating them through financial crises and substantial regulatory changes. He was nominated a finalist for CEO of the Year in leading industry awards in 2015 and 2016 (Financial News & Professional Pensions Investment Awards).
Simon Goldthorpe, Executive Chairman of the Beaufort Group said “We are delighted to appoint someone of Derrick’s calibre and experience. Our DFM, Beaufort Investment has grown its funds under management significantly and now has approaching £1 billion in funds under management.”
“We provide financial advisers, both within the Beaufort Group and external IFAs with excellent service and leading-edge investment propositions. We look forward to developing the business with Derrick”.
Derrick Dunne said “The Beaufort Group is a great company with a culture that puts the client first. I look forward to working with my new colleagues and to developing our funds and investment services to the benefit of our partner advisers and their clients. There are many challenges and opportunities ahead for the wealth management industry. We want to be at the forefront of developments. Andrew Bennett and Shane Balkham have established a performance measured and impressive track record and we will build on this. The Group has ambitious growth plans and Beaufort Investment will be a key component in this”.
