Media centre for Group businesses • Embark Group

Newsroom.

Latest news and announcements from the Embark Group and its subsidiaries.

EMBARK AGREES TO ACQUIRE ADVISER AND PARTNERSHIP BUSINESSES OF ATS

Embark Group has agreed in principle to acquire the advised and partnership client books of Alliance Trust Savings, further increasing our presence in the UK investment savings sector.

Press release | 29 Oct 19

CHURCHILL APPOINTED TO BOARD

The Embark Group (‘Embark’) announces the appointment of Lawrence Churchill CBE as its newest member of the company’s Board of Directors, effective 1st November. Churchill will add material strength to the Group’s Board.

Press release | 15 Oct 19

£39.4M CAPITAL RAISE

Embark Group raises £39.4m from three new investors: BlackRock, Legg Mason and Merian Global Investors. The capital raise will enable Embark to take full advantage of its disruptive position in the UK investment savings sector.

Press release | 4 Jul 19

News from our archives.

June 2019

Embark reports a 29% increase in AuA and 22% increase in client numbers

Rowanmoor reports 366% increase in pre-tax profitability

May 2019

110% increase in profitability for Embark Services Limited

EBS reports an 89% increase in client numbers

The UK's fastest growing digital retirement platform.

Our services span self-invested personal pensions (SIPP), e-SIPP, small self-administered schemes (SSAS), platform, investment wrap, fund research and employee benefits consulting.

Businesses within the Embark Group have been operating for more than 40 years and today trade under the brands Embark, Embark Pensions, Vested, Rowanmoor, EBS, The Adviser Centre and Hornbuckle.

We have designed our services for consumers of every level of affluence – from mass retail to ultra-high net worth – and make them available through financial advisers, robo-advisers, retail banks, wealth managers and employers. Our white label partners include RBS Coutts, Standard Life, Nutmeg, BestInvest, Charles Stanley, Moneyfarm and Wealthsimple.

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£22.5bn

Assets under admin

100%

Independent

180,000

Individual clients

475+

Group Employees

Media resources.

Download media spokesperson biographies, photographs and logos using the links below.

Media spokespeople

Phil Smith, Group Chief Executive

With special expertise in business transformation, Phil brings with him 25 years of global experience across wealth management, asset management, brokerage, insurance and management consulting. Before joining Embark Group in 2013, Phil was Managing Director
and Global Management Committee member at Barclays Wealth where he played a key role in the inception and development of the global infrastructure of this business line for Barclays Plc.

Phil’s previous roles include Managing Director (Finance, Strategy & HR) at Fortis Investments, the global asset manager of the Fortis Group. He has also held Director-level roles at Arthur Andersen, Prudential M&G and Prudential Corporation Asia. During this time, he built up extensive experience of M&A, joint venture partnerships and greenfield business development across Asia, EMEA and the Americas. Externally, Phil is Non-Executive Chairman of BE-IQ Limited, a leading digital behavioural finance business.

Phil holds a first-class degree in Industrial & Business Systems and a post graduate Masters in Strategic Human Resource Management.

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Peter Toogood, Chief Investment Officer

Peter began his career at Holden Meehan, an independent wealth manager, in 1989. He joined Forsyth Partners in 1994 as a senior mutual fund analyst and was appointed Chief Investment Officer in 2000. Peter was responsible for the management of traditional and alternative multi-asset funds, with assets at their peak in excess of £1.5 billion.

Peter co-founded of the original Forsyth-OBSR Ratings Service in 2002. He joined OBSR (later Morningstar OBSR) in 2008 and was responsible for establishing the firm’s fund advisory business, as well as continuing in a leadership role within the fund research team. As Investment Director, he worked closely with Head of Investment Consultancy, Gill Hutchison, and they were responsible for the delivery of services to an array of different clients and were important influencers of fund flows in the UK.

In 2014, inspired by their advisory and consultancy work, Peter and Gill founded The Adviser Centre, seeking to provide a fund and investment research service equipped to power advisers’ investment propositions. The service is now part of the Embark Group, for which Peter is also the Chief Investment Officer.

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David Lowe, Group Head of Propositions

David has worked in pensions for more than 30 years – starting with SSAS, progressing through SIPP and then into Drawdowns in the mid-90s. David went on to take on leadership roles in Product, Marketing and Strategy with GE before moving to Zurich where he was accountable for Retail Pensions, Group Risk and Workplace Platform propositions and was a member of the executive leadership team and various oversight committees.

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