Wealth Club, an investment service for HNWs, has acquired Clubfinance, an execution-only discount broker specialising in VCTs for an undisclosed sum.

Close Brothers Asset Management (CBAM) has hired Tim Eliot-Cohen from Rathbones to be a managing director in its High Net Worth business.

Sanlam UK has recruited an ex-Close Brothers Asset Management head of private client, Penny Lovell, to launch its new Private Office business which is aimed at HNW clients.

DFM Whitechurch Securities has hired a Chartered Fellow of the Chartered Institute of Securities & Investments.