Hugh Adlington

Spear’s Review

Hugh Adlington’s presence in this index confirms the development of Close Brothers over recent years into a bona fide wealth management big-hitter.

The managing director joined from Rathbones in 2018 where he managed approximately £600 million of assets for 200 families. He now works alongside ‘partner in crime’ and fellow managing director Andrew Hess to manage the portfolios of private clients and families. 

The firm has a ‘fantastic infrastructure’, he tells Spear’s, ‘especially on the research and risk side’. He says a third of assets he manages are from new clients rather than transfers: ‘You get a feeling that the cobweb is working.’

Adlington is a chartered fellow of the Chartered Institute for Securities and Investment.