Derek McLay

Mr McLay will report to head of intermediary sales, Mark Barrington and he will focus on promoting Waverton’s dedicated adviser offering – including its successful MPS investment solution – in the region. This service has now an impressive 10-year track record with top quartile performance1 with over £1bn AUM and is available on 21 platforms.

Mr McLay will be based in the Waverton Scottish offices, both in Edinburgh and Glasgow.

Mr McLay joins Waverton from Fundamental Asset Management where he had been a Scotland-based BDM. He has also worked in relationship development roles at Cornelian Asset Managers, Standard Life and BNY Mellon.

Mark Barrington, head of intermediary sales, Waverton Investment Management, said: “It’s great to have Derek join the team. Not only does he know the market in Scotland and Northern Ireland extremely well, but also the broader industry too, and so is ideally placed to promote our excellent range of adviser solutions, including our Managed Portfolio Service.”

Derek McLay added: “I’m delighted to be joining Waverton at such an exciting time in its growth plans, and I look forward to discussing the first rate range of Waverton solutions and products with advisers.”