European Wealth Management Group has strengthened its management team by hiring Adam Suggett as a financial controller.

Suggett has joined European Wealth from Hume Capital Securities ad has also served as a manager in Grant Thornton’s Capital Markets team.

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Recently, European Wealth has reported that its assets under management and influence increased by 24.2% to £0.82 billion for the first half of 2014.

Rod Gentry, CEO of European Wealth, said: "As a business that was launched in preparation for a post RDR environment, a core strength of the Group is our back-end technology platform and associated internal management processes."

Suggett said: "European Wealth has a fantastic customer centric culture, a strong management team and growing AUM. I look forward to combining my corporate finance experience with my skills of running an Investment Bank’s finance team to help European Wealth achieve its ambitious growth plans."