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As it looks to secure roughly £2bn AUM within 36 months AHR Private Wealth has launched a division aimed at providing independent advice to high and ultra-high net worth individuals across the UK. Ramped up recruitment Located in Surrey, AHR Private Clients will be run by managing director Steve Ayers, who previously headed up Lloyds Private Banking in Mayfair. AHR said it has set its sights on the UK, with a view to securing around £500m ($694m, €577m) within its first year of operation. The firm is looking to recruit 20 advisers over the next 12 months. It aims to reach 50 advisers and £2bn in assets under management within the first 36 months. ....
Steve Ayers Surrey-based advisory firm AHR Private Wealth has poached its managing director from Mayfair this week, as the former head of Lloyds Private Banking steps out of the City. Steve Ayers is set to join the firm as it launches a new UK based private client business this week. “We look forward to seeing the business prosper under his stewardship,” executive director at the AHR group, Tyla Phillips, said. “Steve Ayers also brings with him a wealth of expertise and a strong track record in the motivation and development of successful teams.” With more than two decades of experience, Ayers joins as the newly launched firm looks to recruit 20 advisers over the next 12 months. ....