Towry has appointed of Ed Colyer from private bank Coutts as manager of products in its client proposition team.
During his fifteen years at the bank Colyer held a number of roles, including product development manager, financial planning manager, and head of regulated products.
Head of product Michael Pos said: "This is a significant appointment for Towry's product team. Ed has a proven track record as an innovative and highly commercial product manager and his experience both developing and delivering new products will only serve as beneficial to our clients."
Colyer added: "Towry already has a strong and attractive offering of products and services. I am looking forward to the challenge of driving further innovation and improvement to our excellent client proposition."
Colyer joins a growing number of former Coutts employees now in senior positions at Towry.
In June, former head of private banking Kate Turner joined the firm to run its centralised investment proposition.
Head of client proposition David Middleton, chief executive Andrew Fisher and former chairman Glyn Jones have all previously worked at the bank.
Following Zurich acquisition
Aviva has set out its strategy to launch an investments, savings and retirement division as it seeks to simplify its overall business.
Clients and advisers frustrated by red tape
More than 4,500 retail investors affected
Failure to engage