Killik & Co. has appointed Clem MacTaggart and Sarah Threadgould as joint managing partners, effective immediately.

This move builds on the firm’s 35-year success and aligns with its vision of being the best wealth manager for families.

As founder and senior partner, Paul Killik will now also serve as chairman of the growing wealth management firm, assuring Killik & Co’s sustained independence.

MacTaggart and Threadgould were chosen for the post due to their industry experience and complimentary skill sets, having held executive board and C-suite positions at the company for a number of years.

This strategic action is a part of a larger succession plan and governance reorganisation that will see Georgie Killik become chief strategy officer, responsible for managing the business’s long-term development and vision.

MacTaggart, who joined Killik & Co. in 2006 as chief strategy officer, was previously in charge of developing and implementing all growth strategies and strategic initiatives. He also led the company’s embrace of digital technology to improve its client services offering.

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Meanwhile, Threadgould joined Killik & Co as chief marketing officer in 2019, after previously serving as chief customer officer at Which? Having worked with HSBC and Marks & Spencer for extended periods of time, her client-centric approach has resulted in unmatched, insight-driven growth strategies.

Killik stated: “Clem and Sarah possess the ideal combination of skills to run the business day to day, lead the Senior Leadership team, and bring focus and drive to delivering our vision of being the best wealth manager for families.’’

Killik & Co. is one of the few surviving independent wealth managers, advising customers on how to save, plan, and invest for their families.

Founded in 1989 as a pharmacy shop in Chelsea, the company today manages over £9.4bn ($12.5bn) in private money and employs over 350 people over seven sites, including five high street stores.