The firm said that its new division will be led by its chief investment officer Noland Carter.
Heartwood CEO Simon Lough said as their increased scale propels Heartwood into a new and larger league of wealth and investment management providers, they look forward to building a stronger identity for their investment management division that is commensurate with their size.
"The launch would not distract the firm from its core focus. Offering a truly integrated wealth management service will remain central to our business, and we expect that many of our clients will continue to benefit from our wide-ranging services, which include tax structuring, retirement and inheritance planning," Lough added.
Over the past few years, in addition to launching a new InVantage portfolio management and settlement system, Heartwood introduced a range of mulit-asset funds.
