Head of Heartwood Investment Management & Chief Investment Officer
Noland CarterHead of Heartwood Investment Management & Chief Investment Officer
Noland joined Heartwood in 2008. He leads Heartwood Investment Management and has overall responsibility for our investment management business. Before Heartwood, he was CEO of Rothschild Wealth Management (UK) and Global CIO of Rothschild Wealth Management. In 1997, he was appointed Global CIO at Barclays Private Banking and, between 1999 and 2005, was CIO of Barclays Wealth, where he established and was also CEO of Investment Services. Before that, he worked in institutional asset management at Ivory & Sime, where he was Head of Global Equities, and at Mercury Asset Management, having started his career at Save & Prosper.
Noland graduated from the University of Reading and is a member of the Chartered Institute for Securities & Investment. He is also a trustee of Moorfields Eye Charity, where he is chairman of the investment committee.
Michael StanesInvestment Director
Michael has responsibility for tactical asset allocation, but also manages client portfolios and runs our Balanced Investment Strategy. Michael joined Heartwood in 2010 from Soditic CBIP LLP, a London-based privately owned fund management business where he was CEO and CIO from 2008. In 2002, he started working for Goldman Sachs Asset Management as an Executive Director, managing global equity portfolios. Michael began his career in 1986 at Mercury Asset Management (subsequently Merrill Lynch Investment Managers) as a UK equity portfolio manager. In 1994, he moved to Tokyo to lead the Japanese equity team responsible for non-Japanese institutional clients and retail funds. Subsequently, Michael moved to the US, where he built a team running global and US equity portfolios for high-net-worth private clients.
Michael read law at the University of Oxford. He is a member of the Chartered Institute for Securities & Investment. He is also a non-executive director of TP Income VCT plc.
Scott InghamInvestment Director
Scott has been responsible for strategic asset allocation and risk management since joining Heartwood in 2008. He also manages client portfolios and runs our Cautious Investment Strategy, and has co-responsibility for heading fixed income research. Previously, Scott worked at Rothschild Wealth Management and Barclays Wealth as a Portfolio Strategist focusing on developing and managing stochastic-based strategic asset allocation tools, quantitative models and efficient portfolio implementation approaches. His investment career began at Robertson Stephens International, where he became a Senior Equity Analyst.
Awarded a PhD in inorganic chemistry in 1991, Scott worked as a post-doctoral research fellow at Cambridge University and then a lecturer at Edinburgh University. In 2000, he gained an MBA from Cass Business School. He is a member of the Chartered Institute for Securities & Investment.
David AbsolonInvestment Director
David joined Heartwood in 2002 and was promoted to Investment Director in 2011. He is a member of the tactical asset allocation team and has co-responsibility for heading fixed income research. He also manages client portfolios and runs our Defensive Investment Strategy. David started his investment career in 1999 when he joined Rathbone Investment Management as an Investment Manager. He has also worked at Barclays Wealth.
David studied law at Bristol and holds a Bachelor of Laws and a Postgraduate Diploma in Legal Practice. He is also a chartered member of the Chartered Institute for Securities & Investment.
Jade FuInvestment Manager
Jade's role combines portfolio management with market research. Jade specialises in Asian and emerging market equities and she runs our Growth Investment Strategy. She joined Heartwood in early 2010 after three years of experience at Bank of America and Barclays Capital, where she worked in various roles in the capital markets including providing advice on investment and risk management solutions.
Jade graduated from Imperial College London with a BSc (Hons) in Mathematics and an MSc in Finance. She is a CFA charterholder.
Jaisal PastakiaInvestment Manager
As well as running our Income Strategies, Jaisal is involved in market research, with a focus on European equities and structured derivatives. Before joining Heartwood in early 2010, Jaisal started his career in 2007 as an analyst with Dresdner Kleinwort Capital Markets. There, he was involved in the pricing and execution of investment-grade financial, investment-grade corporate and emerging-market primary bond issues.
Jaisal graduated from University College London with a first-class honours degree in Mathematics and then gained an MSc in Finance from Imperial College Business School London. He is a CFA charterholder.
Charu LahiriInvestment Manager
Charu joined Heartwood in 2016 and has responsibility for alternatives research, where her area of expertise is illiquid, alternative asset classes. Before joining Heartwood, Charu was the lead senior analyst for Barclays Wealth & Investment Management’s private assets platform.
Charu graduated from the London School of Economics and Political Science with a degree in Economics and is a CFA charterholder.
Benjamin MatthewsInvestment Associate
Benjamin works within the investment team and helps with both research and portfolio management. He is responsible for Heartwood’s Ethical Strategies and assists with the management of the Balanced Investment Strategy. His primary areas of research are ethical investments and UK and US equity. Prior to joining Heartwood in 2012, Benjamin gained experience at Canaccord Genuity Wealth Management.
Benjamin graduated from the University of Durham in 2011 with a BA (Hons) degree in History and is a CFA charterholder.
Saajan MahbubaniInvestment Associate
Saajan joined Heartwood in 2014 as an Investment Associate. He is responsible for performance measurement and risk analysis. Prior to Heartwood, Saajan worked at JDX Consulting spending most of his time working with software vendors concentrating on sell side risk analytics.
Saajan graduated from University College London in 2012 with a first-class BSc (Hons) degree in Mathematics. He has passed all three levels of the CFA Program and may be awarded the charter upon completion of the required work experience.
Matthew TomsInvestment Associate
Matthew works within the investment team and helps with both its research and portfolio management responsibilities. He supports the team in the management of the Cautious Investment Strategy, while his primary area of research is fixed income. Prior to joining Heartwood in 2014, Matthew gained experience at RBC Capital Markets as a member of the Global Investment Banking team.
Matthew graduated from the London School of Economics in 2012 with a first-class BSc (Hons) degree in Economics. In 2014, Matthew completed his MSc from Warwick Business School. He passed the Investment Management Certificate in 2015 and has passed Level II of the CFA Program.
Head of Investment Product
Matt HollierHead of Investment Product
Matt joined Heartwood Investment Management in 2014. As Head of Investment Product he is responsible for overseeing product development and management, marketing and aspects of our investment operations.
Matt joined Heartwood from Old Mutual Global Investors where he worked for 13 years in a variety of product, strategy and marketing roles, and most recently as Director of Product Management. Before working at Old Mutual he was a strategy consultant for 5 years at Mitchell Madison Group.
Matt read Philosophy, Politics and Economics at Oxford University and is a CFA charterholder.
Head of Investment Marketing
Marian BlackHead of Investment Marketing
Marian joined Heartwood in 2015 as Head of Investment Marketing. She is responsible for the on-going development and communication of Heartwood’s investment proposition to all distribution channels, including private clients, IFAs/financial planners, professional advisers and pension funds.
Marian has extensive experience as a senior marketing specialist across a number of leading financial services brands. Prior to Heartwood she worked at Baring Asset Management, where she was Head of EMEA Marketing. Marian began her career in 1986 working in several advertising agencies before moving in house as Head of Marketing at Alliance Trust in 2006. Marian holds a BA (Hons) degree in French and Spanish from The Open University and the Investment Management Certificate.
Investment Communications Associate
Sophie WorthingtonInvestment Communications Associate
Sophie joined Heartwood in 2013 and is responsible for coordinating and developing investment communications both within the organisation and through its various distribution channels. Sophie project manages key product and communication initiatives, having passed as a PRINCE2 Practitioner in 2014. She started her career at a specialist oil and gas investment bank where she focused on the production of equity research and marketing at road shows.
Sophie graduated from Exeter University in 2012 with a degree in Economics and Italian and is currently studying for the Investment Management Certificate.
Charlotte FletcherCommunications Associate
Charlotte joined Heartwood in 2016 and is responsible for digital communications and managing investment marketing projects. Prior to Heartwood, Charlotte gained experience in the Marketing team at Baring Asset Management, where she focused on events and digital marketing.
Charlotte graduated from the University of Bristol in 2015 with a BA (Hons) degree in Music. She is currently studying for the Investment Management Certificate.
Senior Investment Writer
Fiona ThomasSenior Investment Writer
Fiona joined Heartwood in 2014 as a Senior Investment Writer. She is responsible for delivering the key investment messages through a variety of communication materials such as client reports, market updates and thought leadership articles.
Fiona joined Heartwood from T. Rowe Price where she worked for 14 years as a Senior Investment Editor. She reported on global fixed income markets to institutional clients, as well as authored a range of thought leadership articles for clients and the financial press. Before T. Rowe Price, Fiona worked at Oppenheimer and Morgan Stanley Dean Witter in New York.
Fiona graduated from the University of Edinburgh with a degree in History. She also holds a Master’s degree in Industrial Relations (distinction) from Warwick Business School.
IT Business Analyst
Anubhuti SrivastavaIT Business Analyst
Anubhuti joined Heartwood in 2014 as a Business Analyst. She supports the Investment team to maintain a robust technical platform for the business to run smoothly. Prior to Heartwood, Anubhuti worked at State Street where she was a Business Analyst for in-house Asset Management system. Anubhuti has also worked for Lehman Brothers as an IT Team Leader.
Anubhuti graduated from Delhi University with a BSc (Hons) in Mathematics and later pursued a Masters in Computer Applications.
Jasmin joined Heartwood in 2014 as an Associate. She is involved in product development and product management, and also provides business management support. Jasmin project manages key product initiatives, having passed as a PRINCE2 Practitioner in 2015. Prior to joining Heartwood, Jasmin was at Accenture where she worked as an Executive Assistant.
Jasmin graduated from Bournemouth University and is currently studying for the Investment Management Certificate.
Poppy joined Heartwood in 2016 and her role is to provide assistance to the Investment Team and business management support.
Poppy graduated from Newcastle University in 2015 where she gained a first class degree in Marketing. She is currently studying for the Investment Management Certificate.
Head of Portfolio Implementation
Kevin DivallHead of Portfolio Implementation
Kevin manages client portfolios and is head of the Portfolio Implementation Team. He joined Heartwood in 2005 having previously worked at Adams & Remers and Thomson Snell & Passmore. Before that, Kevin worked in the Trust and Investment Departments of Royal Sun Alliance.
Kevin is a member of the Chartered Institute for Securities & Investment.
Damien McDaidPortfolio Associate
Damien works within the Portfolio Implementation Team and helps maintain client portfolios according to client strategy. Prior to joining Heartwood in 2015, Damien gained experience at HSBC Global Asset Management and Phillips Hager & North Investment Management in Vancouver, Canada.
Damien graduated from the University of Ulster in 2011 with a BSc (Hons) degree in Accounting. In 2012 Damien completed his MSc in Accounting and Finance from Queen’s University Belfast. He passed CFA level I in 2015.
Jonathan TowersHead Dealer
Jonathan is responsible for all dealing activity and liaises with brokers, market makers and fund managers to ensure timely, efficient and low-cost execution. He joined Heartwood in 2004 as part of the operations team before moving to the centralised dealing team in 2006 and was promoted to Head of Dealing in 2008. Previously, Jonathan worked for the client services department of Fidelity Brokerage from 1993, becoming a junior dealer in 1996.
Jonathan is an associate member of the Chartered Institute for Securities & Investment and holds the Certificate in Securities.
Anthony assists in the implementation and order execution of all trades in client portfolios. He joined Heartwood’s client services division in 2006 before moving to the dealing team in 2009. Anthony began his finance career in 1998, working for NPI as an administrator in the new business department, subsequently joining the bond servicing and claims department as a technical administrator.
Head of Intermediary Sales
Mark RockliffeHead of Intermediary Sales
Mark joined Heartwood in 2011 to develop a tailored investment management proposition for independent financial planning firms. He has more than 25 years’ experience in the financial services and investment management industry, with a focus on building and managing intermediary distribution channels. Prior to Heartwood he was Sales Director at SEI Investments, responsible for the firm’s asset management distribution strategy. Before that, he worked as a business strategy consultant, developing a distribution strategy at Octopus Investments and launching a new discretionary fund management service.
Mark also provided consultancy services to Best Practice IFA Group and its Fusion Wealth Platform to help shape the group's platform strategy, value proposition and recruitment strategy. This followed on from his role as UK Intermediary Sales Director at F&C Investments, having spent the previous 17 years at Zurich Intermediary Group in senior sales management roles.
Intermediaries Client Director
Nick HendyIntermediaries Client Director
Nick joined Heartwood in 2013 to help develop and manage Heartwood’s financial adviser business solution and distribution strategy. Nick has over 26 years’ experience of working across distribution channels in the retail investment management industry and has developed a deep understanding of the financial industry and challenges facing advice firms.
Nick joins Heartwood Investment Management from Aviva Investors where, as Investment Sales Manager, he distributed onshore and offshore retail funds to life assurance companies, investment platforms and other asset managers. Nick has also worked at Standard Life and AXA in a range of product sales roles.
Intermediaries Client Director
Kevin RaitIntermediaries Client Director
Kevin joined Heartwood in 2012. He has been working with financial advisers since 2000, when he managed Fidelity Investment’s Broker Relations Team, working in both Surrey and India. In 2005, he was recruited to help launch Hartford Life in the UK. Kevin was responsible for their award-winning Sales Support Team before developing their Banking Specialist Team, as well as managing accounts across the South of England. More recently, he managed relationships with IFAs for Zurich and helped launch Arbuthnot Latham’s discretionary fund management proposition to professional advisers.
He has the Investment Administration Qualification from the Chartered Institute for Securities & Investment and the Certificate in Financial Planning from the Chartered Insurance Institute.
Intermediaries Client Director
Jim ClayIntermediaries Client Director
Jim joined Heartwood in 2014, bringing over 14 years experience in the financial services sector spanning UK Retail financial services, wealth management and business process outsourcing. He joined Heartwood from BNY Mellon, where he was Head of Wealth for the Pershing UK business unit, serving Wealth Managers and IFA businesses with asset trading, settlement and custody solutions. Previously Jim has held positions in business development and relationship management for SEI Investments and Cofunds.
In 2002, Jim attained an MBA in Finance from Leeds University Business School.
Intermediaries Client Director
Paul RoseIntermediaries Client Director
Paul joined Heartwood in 2016, bringing 30 years of experience in the Intermediary sector working with a number of leading advisory firms in both the UK and Swedish markets. He has previously worked in the West End, City, Sweden and North of England and has gained a deep understanding of the challenges and opportunities facing advice firms.
Paul joined Heartwood from Novia, where he spent six years developing its Wrap and DFM business in the North East and North West. Prior to joining Novia, Paul was a National Sales Manager at Cofunds and has also had roles in both sales and management at Zurich Financial Services.
Justin RalphBusiness Manager
Justin joined Heartwood Investment Management in 2016. As Business Manager, he is responsible for the Professional Intermediary product and service proposition to ensure that it is continuously developed to meet partner IFA firm needs. He also manages Heartwood’s sales support function.
Before joining Heartwood, Justin worked at Neptune Investment Management where he spent five years as a senior manager within their sales and distribution channel, providing business support for client facing sales teams and overseeing product development. Prior to Neptune, Justin held various senior positions in wealth management and private banking firms in both South Africa and London.
Justin read economics at Rhodes University and holds the Advanced Postgraduate Diploma in Financial Planning.
Intermediary Support Associate
Frances CrozierIntermediary Support Associate
Frances joined Heartwood’s Professional Intermediaries Team in January 2014 and supports the team in all of its activities. She started her career in finance in 2007 at Saunderson House, a London-based wealth manager, where she worked as an Assistant Financial Planner. She has also had roles at RBS and HMRC.
In 2007 she earned a degree in Management Science and Accounting from Southampton University and holds the Certificate in Financial Planning from the Chartered Insurance Institute.
Intermediary Support Associate
Catherine SmithIntermediary Support Associate
Catherine joined the Professional Intermediaries team in November 2015 and currently provides support to the team. She started her career at Heartwood in 2012 in the Portfolio Implementation team where she helped maintain client portfolios and implement strategy changes as determined by the Investment Directors.
Catherine graduated from the University of Sheffield in 2011 with a degree in Economics. She also holds the Investment Advice Diploma from the Chartered Institute for Securities & Investment.
Hugh TottenhamClient Director
Hugh joined in 2008 and has a particular focus on working with third-party professional advisers, fiduciary trustees and consultants on behalf of their respective clients. Previously, Hugh spent six years at GAM as a leading member of the London-based client services team. Before that, he worked in a senior private banking role at Morgan Grenfell (latterly Deutsche Bank), having started his City career in a variety of banking positions with Hill Samuel.
Hugh studied at Bristol and Munich Universities and graduated in 1984 before spending three years in the British Army. He is a Chartered Fellow of the Chartered Institute for Securities & Investment.
Assistant Client Director
Olivia AndrewAssistant Client Director
Olivia became an Assistant Client Director in February 2017 and currently supports the client management and business development activities within the Professional Adviser and Wealth Management teams. She started her career at Heartwood in June 2016 where she provided support to the Professional Intermediaries channel.
Olivia graduated from the University of Edinburgh in 2015 with an MA (Hons) in History of Art. She is studying towards the CII Diploma in Regulated Financial Planning.
Head of Third Party Distribution
Haydn AirdHead of Third Party Distribution
Haydn joined Heartwood as Head of Third Party Distribution in 2017. Prior to this, he worked for Handelsbanken Wealth Management where he was Area Manager for the Private Clients team in the North of UK.
Haydn started his career at Handelsbanken in 2007. Before joining Handelsbanken, he worked for 16 years at HSBC in a variety of roles in Corporate Banking, Operations, Credit and Risk and Branch Management.
Haydn has a BA Hons degree in Business Studies. He is an Associate of the Chartered Institute Bankers and holds the Diploma in Financial Planning.