Patrick Margrave has joined Barclays Wealth as a Relationship Manager for Wealth Intermediaries after over 20 years with Royal Bank of Scotland.
Patrick moved to the Island in 1998 and for the past six years was Intermediaries Relationship Manager with RBS, where his expertise in the market was well-recognised and respected amongst clients and colleagues.
Barclays Wealth Intermediaries are specialists in dealing with offshore structures and have a comprehensive range of banking services, products and expertise which covers all areas of investment strategy and money management.
Dedicated relationship managers work closely with clients to understand and provide solutions for their specific requirements and provide a connection to the wider range of financial support and expertise available from the whole Barclays Group.
As part of their activities, Barclays Wealth regularly sponsors the Association of Corporate Service Providers (ACSP) events on the Island and members of the Intermediaries team are present at each event.
Paul Swindale, Team Leader, Barclays Wealth Intermediaries, said, "It is with great pleasure that we welcome Patrick into our team to further strengthen the capabilities of Barclays Wealth Intermediaries.
"We are now fully staffed, having hired some outstanding people in recent months, and Patrick joins our Intermediaries team of almost 50 individuals dedicated to delivering exceptional levels of service for our clients."
"We have a team of enthusiastic, forward-thinking and experienced individuals who will be able to build on their relationships with clients to further grow the business in the future.
"We have already had excellent feedback from some of our largest intermediaries clients who have said that the level of improvement they have experienced in recent months has proved complimentary to their business growth and would now recommend Barclays Wealth in the future."
Patrick said, "I am delighted to join the Intermediaries team at Barclays Wealth and am relishing the new challenges which a role with this forward thinking organisation offers.
"With business growing, I am looking forward to helping to further grow the Barclays Wealth Intermediaries team profile in the Isle of Man."
Patrick, who is married with two children, is well-known within the local sporting community through his links with Union Mills Cricket Club.
