Duncan Higgs was named managing director and head of portfolio solutions at bfinance, a spokeswoman confirmed.
The role is new. Mr. Hunt oversees senior client consultants and is focused on improving coordination of services globally. He leads services aimed at building robust portfolios for investors through improved portfolio monitoring and identifying cost savings and efficiencies.
Mr. Higgs replaced Malcolm Hunt, who was appointed head of client consulting.
"We're delighted to welcome Duncan to head up the portfolio solutions team, marking the next stage in a period of strong growth and development," David Vafai, CEO of the firm, said in a news release. "In addition, we will continue to support future innovations that tackle clients' evolving requirements."
Mr. Higgs was previously director at Willis Towers Watson. Mr. Higg's responsibilities have been distributed among other team members, the firm's spokesman said.