Robo-adviser Wealth Wizards, which claims to be the UK’s first ‘digital IFA’, has appointed ex-Accenture executive Scanes Bentley as its chairman.

Mr Bentley is a former partner and managing director of the financial services and technology, telecoms and media consulting practices at Accenture.

He takes the role of chairman as the company gears up for international expansion.

Wealth Wizards was founded in 2009 as a start-up to make expert financial advice “affordable and accessible to everyone.” It combines Chartered Financial Planner advice with an online service to provide what it calls “expert advice at an affordable cost via the internet.”

It runs MyEva, an independent digital adviser, and Turo, a platform for advisers. It is based in Leamington Spa and is authorised and regulated by the FCA.

Andrew Firth, founder and chief executive of Wealth Wizards, said: “Scanes has been an invaluable non-executive director since 2017, and it is a very welcome and natural move for him to step into the chairman’s seat to help steer the business forward.

“It is an exciting time to join us as we continue to move towards our goal of being the UK’s pre-eminent robo-advice platform and introduce our own brand of independent digital financial adviser, MyEva, to the UK market.”

Mr Bentley added: “I’m delighted to be involved with Wealth Wizards at this stage of its development, as market players jostle for position and the appetite for digital transformation increases in what is an established but very exciting market.

“With a collaborative and growth-oriented culture, it’s clear to see what has driven their desire to disrupt the market, whilst supporting the pace of digital adoption in their growing client base.”