Barclays Wealth appoints MD to lead HNW advice drive

Barclays Wealth has appointed Andrew Tailby-Faulkes as a managing director within its Wealth Advisory business to target high and ultra-high net worth clients.

Tailby-Faulkes will report to Rob Withecombe, head of Wealth Advisory, when he joins in September.

He will work closely with Jonathan Burt, head of key clients, who oversees the Wealth Advisory proposition for ultra-high net worth clients.

Barclays said Tailby-Faulkes will focus on advising current clients and attracting new ones, with a remit including entrepreneurs, private business owners and family offices.

The bank's Wealth Advisory business advises clients on specific tax, trusts and insurance considerations, working closely with Barclays Capital and Barclays Corporate.

Prior to joining Barclays Wealth, Tailby-Faulkes was a senior private client partner at Ernst & Young in the UK, where he was also global markets leader for private client cervices since 2007.

He has also worked at Abacus, Smith & Williamson and KPMG during his 26-year career.

Commenting on the appointment, Withecombe said:"Andrew's appointment is evidence of our commitment to leading with advice."