PIMFA delighted to welcome Coutts & Co’s James Clarry to its Board

8 March 2022

PIMFA delighted to welcome Coutts & Co’s James Clarry to its Board

PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, is delighted to welcome James Clarry to its Board.

James has been the Chief Operating Officer for NatWest Wealth Businesses, which includes the market-leading brand of Coutts & Co, for the past five years and he brings over twenty years’ industry experience to the Board of PIMFA.

He previously headed up the lending proposition for Private Banking clients also at NatWest. Prior to this he was General Counsel for Coutts from 2011 to 2015. He began his career at Allen & Overy and after moving in-house to the markets business of The Royal Bank of Scotland held a range of senior roles across RBS, including General Counsel for the Markets business, as well as Chief Risk Officer and Chief Compliance Officer for Wealth. 

A Coutts Executive Committee member since 2011, James led the sale of the Coutts International business early in 2015 and Adam Investment Management in 2021. In his current role, he is focused on transforming the client journeys across the Coutts and NatWest affluent businesses. 

James is also a proud executive sponsor of Diversity & Inclusion (D&I), LGBTQ+ and Learning. He has been recognised as one of the PAM ‘Top 40 under 40’ winners and nominated for the Women in Finance Awards for 2018, 2019 and 2021 for the active role he plays as an advocate in supporting women in business, as well as Male Allies and winner of the Investing in Ethnicity ‘Champion’ award in 2021.

Liz Field, Chief Executive of PIMFA, commented:

“I’m delighted to welcome James as PIMFA’s newest Board member and look forward to working with him over the coming months and years, particularly on Diversity & Inclusion where his experience will be invaluable.

“Diversity & Inclusion is a key area of focus for our members and therefore PIMFA as the various initiatives such as our work with Brokerage and the launch of our D&I Awards last year showed, and I’m sure James’ experience, insights and direction will be a huge boon as we continue to innovate and set out our strategic priorities for the next few years and as we look to reshape our industry to be future fit and far more inclusive”

James Clarry PIMFA’s Board member, commented:

“I am very pleased to be joining PIMFA’s Board at a time of significant but positive change for the wealth management and financial advice industry.

“PIMFA’s role is vital in providing a voice for the industry and advocating for its members and clients. There are many areas where we can influence what our industry looks like in the future and how that will benefit our clients. I look forward to working with Liz and the rest of the Board to drive that positive change.”

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NOTES TO EDITORS

About PIMFA – the Personal Investment Management & Financial Advice Association

• PIMFA is the trade association for firms that provide investment management, investment services and advice to everyone from individuals and families to charities, pension funds, trusts and companies.
• The sector currently looks after £1.65 trillion in private savings and investments and employs over 63,000 people.
• PIMFA represents both full and associate member firms. Full members provide a range of financial solutions including financial advice, portfolio management, as well as investment and execution services. They assist everyone from individuals and families to charities and pension funds, all the way to trusts and companies.  Associate members provide professional services to the PIMFA community.
• PIMFA leads the debate on policy and regulatory recommendations to ensure that the UK remains a global centre of excellence in the wealth management, investment advice and financial planning arena. Our mission is to create an optimal operating environment so that its member firms can focus on delivering the best service to clients, providing responsible stewardship for their long-term savings and investments.
• PIMFA has made numerous recommendations to the FCA regarding the Future of Advice, the Future of Supervision, & the FSCS levy – read more.
• PIMFA was created in 2017 as the outcome of a merger between the Association of Professional Financial Advisers (APFA) and the Wealth Management Association (WMA) with a history as a trade association since 1991 – read more.
• Further information can be found at pimfa.co.uk

Contact

For further information on this release or other press matters please contact:

Matthew West, PIMFA PR Manager – MatthewW@pimfa.co.uk, +44 (0)20 7382 0376

Sheena Gillett, PIMFA Communications & PR Director – sheenag@pimfa.co.uk, +44 (0)20 7011 9869 / +44 (0)7979 493225