Prydis, a wealth management and accountancy group based in Exeter, has expanded its footprint by launching a new office in Manchester.

The company has appointed Andrew Waugh to lead the new office located on King Street.

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Waugh has also been named as a director of the group board and a director of Prydis Legal, where he will be responsible for offering guidance to the unit’s property and commercial team.

Waugh previously managed his own investment group 53N. Previously, he also served as group legal and commercial director at property regenerating firm Urban Splash.

Prydis managing director Joe Priday said: "The Manchester office opening is an exciting development for Prydis and will open the door for clients looking to access new opportunities across the North West.

"In addition, Andrew’s appointment brings a wealth of experience in real estate financing and private equity to our growing team. He will play a key role in our future plans as we continue to offer clients a first rate service."

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