Human management

Quilter Cheviot’s David Miller ends four-decade career in wealth management

Miller started as a stockbroker, before becoming a fund manager at Flemings and later worked for JP Morgan and the Royal Bank of Canada.

He joined Cheviot Asset Management in 2007, which later became Quilter Cheviot, to manage client investment portfolios.

Since 2014, Miller has written the weekly blog Diary of a Fund Manager, which recently reached its 362nd edition.

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In his latest Diary of a Fund Manager blog, dated January 24, 2022, Miller wrote, “The timing of my exit from fund management is either brilliant or excruciating.

“Inflation and the impasse between Russia and the United States both followed a 40-year arc and we are now back to where we were when I nervously introduced myself to the receptionist at Sheppards stockbrokers and Chase in September 1980.”

Andrew McGlone, General Manager of Quilter Cheviot, said: “David has made a huge contribution to Quilter Cheviot over the past 15 years and is immensely respected by his colleagues and customers.

“We are grateful for his service to the company and for his insightful and entertaining commentary over the years. We wish him all the best for a long and healthy retirement.”

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Miller added: “Having seen the business evolve over the years and get better and better, it will be exciting to watch it grow in the years to come.

“So much has changed in 40 years in the markets, and events have naturally come to dominate, with events like Black Monday, the global financial crisis and the recent pandemic being long remembered. And I remain fascinated by their connection to politics, economics and human behavior.

“But the past four decades have also been filled with enjoyable and rewarding times of working closely with clients to navigate them through challenging markets and create financial prosperity for them and their families.”