Nick Heath joins this month from a senior role in 7IM’s Private Client Team.

Capital chief executive Alan Smith said “I’m thrilled that an experienced professional such as Nick has agreed to join Capital at this important time in the firm’s journey. We have ambitious plans to grow the company and share the value of real Financial Planning with a wider audience and we feel that there has never been a better time to do that.

“The fact that we can recruit a Business Development Director from an institutional background into an entrepreneurial boutique firm is encouraging and we are keen to speak with other motivated professionals looking for a fresh opportunity.”

Mr Heath said: “Having spent 12 successful years at 7IM, growing first the intermediary business development function, and then more recently, their private client business, I’m now looking forward to bringing my skills and expertise to Capital Asset Management to help support and drive the future growth objectives of the business.”

Capital Asset is a flat fee Financial Planning firm based in the City of London. It looks after around 230 families.