Michael Covell

Michael Covell

Managing Director, European Private Wealth Management Division

London, GB

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Last Updated: 22 Sep 2026

In Their Own Right

Biography

Michael Covell is an experienced non-executive Chair and Board Director with a strong background in private equity-backed, privately owned, and international financial services firms.

Currently, he is the Chair of Ascot Lloyd Group, a leading UK financial planning firm backed by Nordic Capital (formerly Oaktree); Le Masurier, a Jersey-based real estate investment and development company; and Sackville Capital, an institutional investment firm focused on private markets. In these roles, Mike works closely with shareholders and management teams to drive growth, enhance operational efficiency, and strengthen long-term strategic positioning.

Previously, Mike served as Chair of Acolin Group, a Swiss cross-border fund distribution platform supported by Sovereign Capital; Tilney Group, a UK wealth manager (3i, Permira); and Hawksford International, an offshore fiduciary and professional services firm backed by Dunedin. He has also been a non-executive Director for organisations such as The Bank of N.T. Butterfield & Son and the Leeds Castle Foundation, contributing to both commercial and charitable governance.

In the latter part of his executive career, Mike was with Goldman Sachs, retiring in 2008 as a Managing Director in the European Private Wealth Management division.

Prior to Goldman Sachs, he was a senior Partner at Rawlinson & Hunter, an international accountancy firm, where he established a strong foundation in tax, trust, and fiduciary advisory services.

Outside of work, Mike enjoys sports, particularly field sports and endurance events like triathlons. He was educated at Harrow School and L'Institut Britannique in Paris.

Mike lives in Dorset with his wife and their two daughters.

The Record

Background

  • 2001 — 2008

    Managing Director, European Private Wealth Management Division

    Goldman Sachs International

    Goldman Sachs' Private Wealth Management provides tailored financial services to high-net-worth individuals and families, offering investment, estate planning, and wealth preservation solutions.

  • 1977 — 2001

    Partner

    Rawlinson & Hunter

    Rawlinson & Hunter is an international accountancy firm.

In The News

Newsfeed

  • 22 August 2023 · IFA Magazine

    Ascot Lloyd strengthens management team with board appointments

    Read more
  • 25 July 2022 · StreetInsider.com

    Butterfield Announces the Board Retirement of Michael Covell

    Read more

Formative Years

Education

  • Harrow School

Areas Of Focus

Expertise

  • Wealth Management
  • Private Equity
  • Real Estate & Property
  • Investment Management