Bluefin Advisory Services has announced that John Simmonds, chairman of Bluefin Corporate Consulting and Bluefin Wealth Management, is stepping down.

The firm is well positioned to cope with the Retail Distribution Review, and “everything is in place” for business growth, said Simmonds.

Simon Hellier, previously managing director of Oval Financial Services, was appointed to the role of head of BWM, reporting to Nick Burns, chief executive of Bluefin Advisory Services.