Richard Dunbabin

Richard Dunbabin General Information

Biography

Mr. Richard Dunbabin is the Founder and serves as Chief Executive Officer at Chester Rose. He was a Co-Founder and served as Chief Executive Officer at Ascot Lloyd Financial Services. Previously, he served as Chief Executive Officer at the company. After starting work as a pensions consultant, in the early eighties, he left after a few years to start up his own IFA business in Central Oxford. He joined Marsh & McLennan, one of the world's largest advice and solution providers, as a consultant within the e-business and product distribution team. During his time as a consultant, he formulated a plan for building an IFA business and when the opportunity presented itself he acquired the majority interest in a long-established IFA firm with roots traceable to the 1930s. The firm was called GHM Financial Services Ltd and after the acquisition was completed in early 2003 the name was changed to Ascot Lloyd Financial Services Ltd, which has traded successfully from Wokingham since that time. By the end of 2012, the company employed 65 people, with five branch locations, and entered the top 100 IFA companies in the UK. From 2012 to 2017 the company continued to grow adding six more branches and increasing the staff to 190. In June 2017 Ascot Lloyd was sold to Oaktree Capital and successfully merged with Bellpenny to form one of the largest IFAs in the UK. He now provides strategic and ongoing advice to IFA firms in the UK Wealth Management sector.