J&E Davy’s wealth management unit Davy Private Clients has appointed Andrew Fisher to its business advisory board.

Fisher joined Davy Private Clients from Towry Holdings, where he served as CEO for eight years. During his term as CEO, Towry grew assets under management from £200m to over £6bn.

Prior to this, he served as CEO of Coutts & Company and also Cox Insurance Holdings.

Tony Garry, CEO of Davy Group, said: "In addition to our domestic business, Davy has a growing business in the UK with offices in Belfast and London. We believe that Andrew’s experience will be of enormous benefit in growing our business across Ireland and the UK."

Brian McKiernan, managing director of Davy Private Clients, said: "Andrew’s appointment is very welcome and follows the appointment of Henry Algeo (former COO of Brewin Dolphin) to our business advisory board in February of this year. Both men bring a wealth of experience and insight that will assist Davy to grow in a sustainable manner that benefits the firm and our clients.

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"Over recent years Davy has invested heavily in people, systems and regulatory infrastructure to provide enhanced financial planning and technology based services to existing and prospective clients," McKiernan added.