WH Ireland, a UK-based provider of private wealth management services, is planning to open a new regional office in Milton Keynes in September this year.
The new office will focus on discretionary and advisory funds.
The firm has poached a three member team from Charles Stanley’s Milton Keynes branch to join the new office.
The team includes office head Paul Wilson, who will join WH Ireland’s new office as an investment director alongside Nicholas Fox and Robin Innes-Kerr, who will join as investments managers.
Additionally, the firm has also appointed four more investment directors to its London office. The firm has hired Vincent Ferguson, Martin Guilbert and Turon Miah as investment directors, along with Andrew little, who is due to join the London office as associate director.
Prior to joining WH Ireland, all four had previously worked at Canaccord Genuity Wealth Management. Ferguson has previously worked with Collins Stewart, Guilbert with Eden Financial, and Miah and Little at Barclays Wealth.
The new hires will increase WH Ireland’s investment manager headcount, which is currently 70 to 10% and are also expected to increase the group’s £2.5 billion of assets under management.
Richard Killingbeck chief executive WH Ireland said: "These appointments are evidence of our growth initiatives to extend our capabilities and selectively add high quality individuals and new offices, following the successful opening of our Isle of Man office earlier in 2014.
"We believe that they will significantly augment our funds under management over the next 12-18 months," he added.