Close Asset Management has outlined plans to expand by acquiring IFA client books and partnering adviser firms.
The company's strategy was mapped out as it announced the appointment of former Cazenove man Jonathan Gamble as director of business development - a move it says fits with its growth strategy.
Gamble, who was responsible for promoting Cazenove Capital Management's discretionary management service, will report to director of intermediary sales Robert Imbert.
"Jonathan's appointment underlines our determination to continue to successfully grow the business in the UK," says head of wealth management Steven Mendel.
He adds advisers are at the heart of Close's expansion plans. "We believe intermediaries are a very important part of our future growth and Jonathan's appointment is an unequivocal commitment to that sector."
Close, which has £7.2bn of assets under management, has ambitious plans to grow its business through partnering IFAs. Mendel thinks there will be a "significant" number of advisers leaving their jobs in the run-up to the RDR and such an exodus provides opportunities for firms like Close.
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