M&G hires ex-Abrdn and Brooks Macdonald exec as wealth CEO

Caroline Connellan joins M&G Wealth

Mark Battersby
clock • 2 min read

M&G has hired former abrdn and Brooks Macdonald senior executive Caroline Connellan as chief executive of M&G Wealth.

A statement today (4 July) said she will lead M&G's multi-channel wealth business which encompasses Financial Advice, Adviser Services including the M&G Wealth Platform, and Investment Solutions.  It currently has £85bn assets under administration. The business works with 500 of its own advisers and has an active relationship with more than 3,000 advice firms. With over 25 years' of experience in retail financial services, Connellan has a track record of transforming and growing wealth management businesses with a strong customer-centric focus, the statement said.  Most recently, s...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

The rarely discussed barriers to closing the advice gap

The rarely discussed barriers to closing the advice gap

'The real issue isn't just access, it's attitudes, representation, and engagement'

Harry Webster
clock 04 April 2025 • 7 min read
The Apprentice stars call for more financial advice as online businesses surge

The Apprentice stars call for more financial advice as online businesses surge

‘Crucial that young entrepreneurs receive the right guidance to manage their finances’

Sahar Nazir
clock 03 April 2025 • 2 min read
Trump pushes ahead with global 'reciprocal' tariffs, sending markets into a tailspin

Trump pushes ahead with global 'reciprocal' tariffs, sending markets into a tailspin

20% on EU, 10% on UK

Sorin Dojan
clock 03 April 2025 • 2 min read