Tom Barnett promoted to MD of Craven Street Wealth and Kreston Reeves Financial Planning

Both Craven Street Wealth Ltd and Kreston Reeves Financial Planning Ltd recently announced the promotion of Tom Barnett to Managing Director of both businesses.

Tom joined Kreston Reeves Financial Planning in 2007, qualifying as a Chartered Financial Planner shortly afterwards and was appointed as Director in 2013.

Craven Street Wealth was launched in March 2021 following the acquisitions of Kreston Reeves Financial Planning and Christchurch Investment Management. Today the combined business manages circa £1bn of client assets and employs 40 members of staff including nine financial planners.

Retiring Managing Director, David Hurst, who has successfully led Kreston Reeves Financial Planning over the last 30 years, since it was founded, will continue as a consultant. David says: “I would like to congratulate and provide my full support of Tom’s appointment knowing that he will place the same emphasis on quality client service.”

Tom Barnett says: “I would like to thank David for his support and mentoring over the years. I would also like to assure our clients that they will continue to receive the same high standard of advice and support whilst we continue to develop and expand our investment propositions, range of services, platform technology and systems. We have a brilliant team at Craven Street Wealth and I have every confidence in our future.”

In addition to Tom’s appointment, in November 2021 Craven Street Wealth further strengthened its executive committee with the appointment of Dr. Patricia Ivan, who has impressed with her experience and personable attitude since joining from Sanlam.

Craven Street Capital CEO, Soondra Appavoo says “Craven Street Wealth has had an excellent first year. We are delighted with the appointments of Tom and Patricia and look forward to working with them to continue developing a modern, professional, client-focussed wealth business.”