WPS Financial Group, the group that owns Swansea-based Chartered Financial Advisers SIP Wealth Management, has hired a Compliance and Operations Director in a move designed to cement its position as one of Wales’ biggest and most successful financial advisory groups.

Andrew Boyt has 33 years’ experience working in the wholesale financial services arena. He is highly qualified and has an extensive knowledge of the UK marketplace having covered life assurance, pensions and investment servicing on behalf of a range of well-known providers.

In his new role Andrew will be responsible for the regulatory compliance of the WPS Group. He will also undertake a full review of the services offered to clients by the companies within the WPS Group, including the way clients’ funds are invested and the systems used to deliver services to clients.

John Francis, Managing Director of WPS Group said:

“We are delighted to have recruited someone with Andrew’s experience and range of expertise across the sector. We are a rapidly growing firm and having someone with Andrew’s skills will now take us to the next level in ensuring we remain efficient and client-focused. We have always placed great emphasis on offering high quality customer service and ensuring the best processes and technologies underpin the business. Andrew will ensure that this remains the case as we continue to grow.

Andrew Boyt said:

“I have watched Jon and the team develop SIP for almost 20 years and it was an easy decision to join them at this exciting stage of their evolution. The world of financial advice has undergone a radical overhaul in 2013 and I look forward to helping build the strategies that will enable us to meet these new challenges and continue to deliver high quality advice and service to our clients.”

Swansea-born, Andrew now lives in Carmarthenshire. He has been married to Norma since 1985, they have two children. In his spare time, he is a volunteer DJ on Radio Tircoed, a community radio station in the Swansea area.