Independent investment advisory firm IAM Advisory has strengthened its board with the appointment of two additional Directors – William Kay and Simon Bowden.

Mr Bowden, who is based in Guernsey, joined IAM Advisory in 2003. As well as heading up a number of client portfolio relationships, he is also a member of the investment committee heading up fixed income and foreign exchange research.

Prior to joining IAM Advisory he worked on a money market and foreign exchange desk and has over 15 years’ experience in the investment markets.

Mr Bowden is a Fellow of the Chartered Institute for Securities and Investment and a Chartered Wealth Manager.

As well as his board duties, Mr Bowden is a member of the IAM Advisory management team and day-to-day duties include advising clients who range from institutional investors to sovereign wealth funds and ultra high net worth individuals.

William Kay, previously an Associate Director, has also been appointed to the board and is based in IAM Advisory’s Jersey office.

Mr Kay is a Fellow of the Chartered Institute for Securities and Investment, an Associate of the Chartered Institute of Bankers and a member of the Society of Trust and Estate Practitioners.

His extensive experience in wealth management spans 40 years and includes private banking, trust and corporate services and running a private family office.

Mr Kay is specifically responsible for maintaining the standards of corporate governance, risk management and compliance through his chairmanship of the Group Compliance Committee. He also advises on corporate strategy and assists in raising the external profile of the company.

‘The two board appointments reflect our rigorous approach to completely independent investment advice,’ says Michael Strachan, Managing Director of IAM Advisory. ‘Bringing these experienced financial practitioners onto our board will strengthen IAM Advisory’s position as the pre-eminent provider of independent and unconflicted investment advice.’

IAM Advisory was founded in 1987 by Michael Strachan and was based on his significant experience in establishing several major sovereign wealth funds in the Middle East. Mr Strachan’s unique fiduciary experience, built up since 1975, helped him to develop the service offered by the company, which is suitable for anyone with direct or fiduciary responsibility for substantial investment portfolios.

Collectively the senior investment team has over 100 years of ‘hands-on’ investment experience and is supported by a full research capability, covering managers, funds and investment strategy.

IAM Advisory’s risk control is multi-dimensional, through unique proprietary software, setting dynamic structures that encourage and demand active and effective management from discretionary managers.