First Wealth to become directly authorised and makes key leadership hire

The wealth business also said it had hired head of compliance David Aaron to oversee the application process and embed compliance thinking across the business. It said he had the "experience and the entrepreneurial mindset" to make the most of the opportunity presented by becoming directly authorised. Aaron has more than 20 years of compliance experience. He previously worked at St. James's Place, Smith and Williamson, Brewin Dolphin, Saunderson House, and 7IM. First Wealth co-founder and managing director Anthony Villis said: "We are building a business for the long term, which me...