Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Charles Stanley poaches Brewin Dolphin Leicester team

Charles Stanley poaches Brewin Dolphin Leicester team

Charles Stanley has poached a team of six from Brewin Dolphin’s Leicester office, including branch head Ed Cufflin, Wealth Manager understands.

The other team members are believed to also include a number of divisional directors.

They are now all on six months’ gardening leave and Charles Stanley will open an office for them in the city when this finishes.

Brewins has had a presence in Leicester since 2000 when it acquired Hill Osborne and the office is understood to run more than £500 million in private client and charity money.

Charles Stanley, chaired by Sir David Howard (pictured), currently has a 32-branch network nationwide, including a Midlands presence in Birmingham and Nottingham.

The move will result in further upheaval at Brewins, which last week announced that executive chairman Jamie Matheson was stepping down and its board was being downsized from 12 to nine, with just four executive members.

Charles Stanley declined to comment and Brewin Dolphin was unavailable for comment.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Brewin's Gutteridge: Yuan direction

Brewin's Gutteridge: Yuan direction

This week Brewin Dolphin's research head chats to Fidelity Asian Investment Directors Jenny Lee and Gary Monaghan about the big changes in China.

Play On the Road Challenge: horsing around on the polo pitch

On the Road Challenge: horsing around on the polo pitch

Libby Ashby takes to the polo pitch with Stuart Leigh-Davies from Redmayne-Bentley for an 'On the Road' challenge.

Brewin's Gutteridge: where Miton's Godber sees value

Brewin's Gutteridge: where Miton's Godber sees value

This week Brewin Dolphin's research head talks to George Godber, co-lead fund manager of the Miton UK Value Opportunities fund, about value investing.

Your Business: Cover Star Club

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Rathbones’ Glasgow office has only been open for three months but the team, led by Angus Kerr, has already attracted new clients

Wealth Manager on Twitter