The former head of Fairbairn Private Bank has
left the Nedbank-owned bank to set up Affinity Private Wealth, a
new boutique wealth manager.

Launched in October 2011, Affinity Private
Wealth was founded by Fairbairn’s former head of private banking
David Stearn, Ben Stott, Justin Thomas, Russell Waite and Julia
Warrander.

The new nine-person wealth management business
has been launched in Jersey offering investment management and
trust services to private clients and trustees in the UK and
Channel Islands.

The business is in its set up phase but was
granted its licence last week by the Jersey Financial Services
Commission to provide investment and trust services.

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