Bristol-based Rowan Dartington, the discretionary asset management arm of St James’s Place has confirmed to thewealthnet that it has recruited David Hobbs as chief executive.

Mr Hobbs, who will assume his new position on an unspecified date later in 2019, replaces Graham Coxell, Rowan Dartington’s founder and current chairman and chief executive.

Mr Coxell will become Rowan Dartington’s non-executive chairman.

“David is extremely well regarded and it is a real pleasure to welcome him to lead the great Rowan Dartington family under the ownership of our fantastic parent St. James’s Place,” s...