A pair who previously held senior roles at London wealth manager Saunderson House have left to set up their own venture, focused on the needs of City professionals.

Chris Sexton and Tony Wellby, whose combined experience advising professional clients spans some 60 years, previously worked for Saunderson House for more than 13 years in director-level roles.

They have now founded Heronsgate Capital and are to be joined by at least two other ex-Saunderson advisers.

The firm’s head of financial planning, Ashley Pontiggia, would join Heronsgate following nine years at Saunderson House, while Gareth Parsons, whose...