Titan Wealth Group announces the creation of Titan Settlement & Custody
/in News /by Admin- Headed by recently appointed CEO Mike Fullalove
- Titan Settlement & Custody includes Titan Institutional Services (formerly GPP) as well as Titan Wealth Solutions
Mike Fullalove, who recently joined as CEO of Titan Settlement & Custody has overseen the transformation of the newly formed division of Titan Wealth Group.
Mike is leading the Titan Settlement & Custody division, which provides execution, settlement & custody services and an end-to-end technology solution to institutional clients via Titan Institutional Services, and to wealth managers, Independent Financial Advisers and Discretionary Fund Managers via Titan Wealth Solutions.
Titan Settlement & Custody (formerly Global Prime Partners) was acquired by Titan Wealth in 2021, as part of the group’s commitment to building a fully integrated client-to-custody offering for its clients and customers. The current annual Institutional volumes have increased by over 30% compared to the equivalent period post-the Titan transaction completion. Titan Wealth Solutions assets under administration have grown by over 100% since the Titan acquisition and will see significant growth over the course of the next two years.
The newly created division underpins the Titan Wealth Group’s capability in custody and settlement services, in addition to its other two core pillars of advice and asset management. Together, the three pillars form Titan’s unique client-focused, vertically integrated approach.
Mike brings a wealth of experience to Titan Settlement & Custody, with over 25 years of experience across multiple sectors within financial services, including nearly six years as global head of asset management, insurance and pensions at Barclays Wealth Management. In addition, Mike has also worked in the technology sector, as an executive committee member of a software company providing solutions to the banking and insurance markets.
Andrew Fearon, joint CEO and Head of M&A at Titan Wealth said: “Titan Wealth has grown at an impressive pace over the last few years, the ambition has always been to create a fully integrated end-to-end client-focused approach to wealth management. Titan Settlement & Custody complements our two other strategic pillars of advice and asset management by fulfilling every aspect of Titan’s end-to-end client-to-custody strategy. Mike is well placed to lead and grow Titan Settlement & Custody, and I/ we look forward to working with him where we can strengthen and broaden the service we provide to our clients.
Mike Fullalove, CEO, Titan Settlement & Custody said: “I am delighted to lead this new phase of development and growth for the Titan Wealth Group. The settlement and custody business is an integral part of the offering, whilst also ensuring that state-of-the-art technology and commitment to delivering a quality service sets us apart in the wealth, settlement and custody markets.”
Outgoing CEO Geoff Towers continues to support on an advisory basis.