Mr Godfrey-Faussett, a member of the Chartered Institute for Securities & Investment, will be based in Edinburgh and supporting the expansion of CBAM’s Financial Planning and wealth management presence in Scotland, the company says.

Mr Godfrey-Faussett has 27 years’ experience in financial services, managing investments for private clients, trusts and charities.

He joined the Rathbones London office as an investment director in March 2001, before moving to the Edinburgh office in April 2005. He also managed Rathbones' charities team in Scotland.

The appointment follows the recent hires of Andrew Mackintosh-Walker and John Henderson, also as managing directors in Scotland, joining an office with senior Financial Planners. CBAM employs more than 65 people in Scotland.

CBAM has recently appointed six HNW investment managers to support the growth of its HNW Bespoke offering.

Martin Andrew, chief executive of Close Brothers Asset Management, said: “The expansion of our footprint in Scotland is a key part of the strategic growth plans for our high net worth business. Enhancing the breadth of our investment management team with the appointment of select, high quality individuals is central to this. Christopher will be a hugely valuable addition to our team as we expand our proposition and our client base.”