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

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

Making technology work better

Katrina Lloyd
clock 03 July 2025 • 9 min read
IFAs look to boost clients' private markets exposure

IFAs look to boost clients' private markets exposure

Expect increase in stock market volatility

Jen Frost
clock 02 July 2025 • 2 min read
Winds of change: Private markets access for retail investors

Winds of change: Private markets access for retail investors

Investing in LTAFs, accessibility aside, needs careful consideration

Dorian Hughes
clock 02 July 2025 • 5 min read