Joe Aldred has been promoted to head of dealing at Stonehage Fleming. He is based in London.
Earlier this year, Stonehage Fleming was acquired by US wealth advisor Corient. The film holds more than US$175 billion in combined assets.
Aldred’s appointment follows the departure of head of trading and dealing Dan Madsen last month. Madsen had been with the company for almost 20 years, 15 of which were spent in the senior role. He initially joined the company as a fund administrator, becoming an assistant fund manager in 2008.
On his departure, Madsen commented, “It’s never easy when your circumstances change unexpectedly, but after approaching 20 happy years at Stonehage Fleming, it’s time to announce that I am looking for a new challenge and chapter in my career.”
The company declined to comment on its trading function.
Aldred has been a multi-asset dealer at Stonehage Fleming since 2019, before which he held the same role at Arbuthnot Latham & Co.
His career began at accounting and advisory firm Smith & Williamson in 2011, where he became a unit trust dealer in 2015.
