27 Jun New Role at Eight Wealth Management
With three decades’ experience in the financial sector, and over 15 years in senior management, financial advisers at Eight Wealth Management are welcoming industry heavyweight, Niraj Vyas, to the south coast and a new role at the practice’s Office in Whiteley.
Originally studying electronic engineering at the University of Wales’ Institute of Science and Technology, Niraj took a new direction in 1988 after attending a presentation on financial services.
Having established his new career in Cardiff working as a self-employed financial adviser and taking professional qualifications, he joined Bishopscourt Financial Planning, a wealth management company headquartered in Brentwood, in 1991. Over the course of the following 11 years, Niraj became responsible for turning around the organisation’s western region to become the most successful in the UK.
‘This was my first opportunity to manage people, find ways to make a business more efficient and contribute to an organisation’s growth strategy,’ says Niraj. ‘When the business was taken over by Liverpool Victoria in 2002, I was proud to be asked to stay as Regional Manager and was subsequently promoted to Head of Advice Sales in the UK managing, at its height, a team of over 300 people.’
After five years, Niraj wanted to expand his experience and took a number of high-profile roles, including Bluefin Group (part of AXA Group at the time), where he held responsibility for the wealth management business in the UK. This role led him to join CMP Financial, a Principal Partner Practice of St James’s Place Wealth Management in Hertfordshire, in May 2014 as Operations Director, where he was promoted to MD after just six months.
‘I knew about St James’s Place, but this was the first time I had worked directly with the organisation and I was impressed by its success, business practice and ways of working with partner advisers,’ says Niraj. ‘The industry has changed a great deal in recent years, in my opinion for the better, with raised professional standards, legislation and codes of conduct that offer transparency and reassurance to investing clients.’
Now Niraj has made the move down south to Eight Wealth Management, also a Principal Partner Practice of St James’s Place, as its ‘Head of Business Development.’
‘I am excited to be taking on a brand-new role in a company that is poised for a real breakthrough in the marketplace. On my first visit, I loved the friendly, proactive and client-centred culture, and the enthusiasm and ambition which everyone within it has to take the business to the next level.’
‘Having Niraj onboard is equipping us with the knowledge and experience we need to fulfil our potential,’ says Ian Riggs, founder and CEO of Eight Wealth Management. ‘His arrival is cause for great excitement for our future.’