News

Brown Shipley Appoints London-based Head of Lending

27 March 2017

Brown Shipley, experts in wealth planning, investment management and private banking, is pleased to announce the appointment of Richard Stubbs as Head of Lending, a newly created role.

Richard, a lending specialist with over 30 years of experience, will be based in Brown Shipley’s London office where he will lead the business’ focus on growing its lending book. Drawing upon his significant experience of structuring lending facilities to meet clients’ requirements, Richard will be supported by a wider team of five experienced lending specialists across Brown Shipley’s six offices, providing both secured and unsecured loans.

Prior to Brown Shipley, Richard was an Executive Director at Coutts and his most recent role saw him leading a team that managed the Bank’s Ultra High Net Worth clients within the Private Office.

Brown Shipley’s lending services include short term credit facilities, including Lombard loans, bridging loans and overdraft facilities, as well as longer term credit arrangements, including residential and buy-to-let mortgages.

Commenting on the appointment, Guy Healey, Head of Private Banking at Brown Shipley, said: “We have ambitious growth targets for building our lending book, so I’m pleased to have someone of Richard’s calibre join our team. Moreover, lending is a core part of our overall wealth management offering and deepens our ability to support clients across the full spectrum of their wealth management needs.”

“We are also committed to growing our London office and our presence across the South East, and I will be making further additions to the London team in the near future.”

Richard Stubbs, the newly appointed Head of Lending added: “There is a real opportunity for Brown Shipley to further expand its lending services to existing and prospective clients and I will be working hard with my team to deliver this. With a tailored approach based on human decision making and flexibility, Brown Shipley’s lending solutions are suitable for a range of client needs.”

Brown Shipley’s lending service is available to clients who already have wealth management accounts with the firm or are in the process of opening one. The minimum wealth management account to be eligible for lending is £500,000 invested.