Blog: Where now for AXA Wealth after Philbin departure?

Today's announcement Richard Philbin is to step down as CIO of Axa Wealth's multi-manager arm Architas is a surprise to say the least and a potential concern for the group as he was a high profile figure in the IFA community.

Katrina Lloyd
clock

Today's announcement Richard Philbin is to step down as CIO of Axa Wealth's multi-manager arm Architas is a surprise to say the least and a potential concern for the group as he was a high profile figure in the IFA community.

After AXA UK offloaded its life proposition to Resolution-owned Friends Provident earlier this year, the group firmly moved the focus onto its Elevate and Architas propositions as the key props of its AXA Wealth business. Philbin was very much at the heart of these plans after helping build up Architas over the past two years with FUM now at £3bn. He was instrumental in the revamp of the group's model porfolios and guided architecture range under the Tailored Selection banner. These investment solutions are key to the AXA Wealth model and are available across the business including...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Beyond the 60/40: Why the traditional portfolio blueprint is being tested again

Beyond the 60/40: Why the traditional portfolio blueprint is being tested again

'Bonds should not be doing all the defensive work'

Will Dickson
clock 09 July 2026 • 4 min read
SEI to launch two LTAFs in private markets 'expansion'

SEI to launch two LTAFs in private markets 'expansion'

‘Mansion House ambition’

Cristian Angeloni
clock 03 July 2026 • 1 min read
Darius McDermott: Building a resilient portfolio in a concentrated market

Darius McDermott: Building a resilient portfolio in a concentrated market

'A well-balanced portfolio should also take in the broadest possible range of growth opportunities'

Darius McDermott
clock 01 July 2026 • 5 min read