Murphy Wealth, a Financial Life Planning firm based in Glasgow, has promoted John Moran as its new executive chair and Neil Bage to the new role of chief behavioural officer.

A Scottish-based regulatory technology firm Encompass has secured a £1.97m research and development grant from Scottish Enterprise to develop a crime-busting Artificial Intelligence Platform for its financial services clients.

Wealth manager and employee benefits firm Mattioli Woods has acquired Glasgow-based Chartered Financial Planner firm The Turris Partnership Limited in a deal worth up to £1.6m. 

Quilter Cheviot has made two appointments of experienced staff as it increases the total size of its investment team to 167.