Ben Willis, head of research at Whitechurch Securities, is leaving the firm after 12 years to join Chase de Vere as head of portfolio management.
He will join Chase de Vere on 30 April to take up the new role. The hire comes as Chase de Vere is in the process of applying for regulatory permissions to launch its first discretionary investment service in the first half of 2018.
Chase de Vere chief executive Stephen Kavanagh said: "We need to ensure our discretionary model portfolio service is a market-leading proposition and that it will provide significant benefits to our clients.
"By recruiting Ben as head of portfolio management, we are taking a big step forwards in achieving this. He is hugely experienced at establishing and managing successful investment portfolios and with his positive and enthusiastic approach he is a great fit for Chase de Vere."
Willis joined Whitechurch in 2006 where he was a senior investment manager on the Prestige and Portfolio Management services, as well as heading up the research team at the firm. He came to Whitechurch from Chartwell Investment Management, where he was an investment manager.
Willis's role as head of research at Whitechurch will be filled by Jonathan Moyes, who joined the firm in 2011 from Brewin Dolphin. He is a graduate of the University of Exeter with a Masters in Finance and Investment and is a Chartered Fellow of the CISI.
In his new role, Moyes will be one of the senior managers in the Whitechurch investment team, jointly responsible for making key decisions on fund selection and asset allocation. He will also oversee and develop qualitative and quantitative investment research processes that drive the Whitechurch investment process.
Whitechurch Securities managing director Gavin Haynes said: "I am pleased to be able to offer Jonathan the position of head of research. It is well deserved and a reflection of his ability, potential and of how highly he is regarded within the business.
"Outgoing head of research Ben Willis has been an excellent long-term member of the team We will be sad to see him leave and wish him the best in his new role.
"However, we strengthened the investment team last summer with the appointment of Tom Sayers as a senior investment manager and will look to add an additional member to assist in investment analysis to support Jonathan in a research capacity".
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