Hugh Adlington - Spear's Magazine

Hugh Adlington

Close Brothers

Wealth Managers 2020
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Hugh Adlington’s debut in this index confirms the development of Close Brothers into a bona fide wealth management big-hitter. The managing director joined from Rathbones in 2018 and works alongside ‘partner in crime’ Andrew Hess to manage the portfolios of private clients and families.

The firm has a ‘fantastic infrastructure’, he tells Spear’s, ‘especially on the research and risk side’. He says a third of assets he manages are from new clients rather than transfers: ‘You get a feeling that the cobweb is working.’ Despite the recent market recovery, Adlington is reticent over expectations for the year ahead. ‘The crystal ball is pretty cloudy,’ he says.