Close Brothers Asset Management has appointed experienced Brooks Macdonald executive Alastair Wilson to the role of managing director for the firm’s high net worth investment management in Scotland.

Investment management firm, Quilter Cheviot, has appointed two investment managers to support the upcoming opening of a new Leeds office.

Wealth manager Quilter Cheviot has continued its recent recruitment spree with the appointment of three former Brooks Macdonald employees.

Brooks Macdonald expects to make 50 redundancies as part of a ‘streamlining’ of the business.