Waverton Investment Management has appointed David Rosier as non-executive chairman, with effect from 1 September. He takes over from John Anderson who has retired after 25 years at Waverton.
Mr Rosier joins from Tilney where he was a senior adviser. Prior to this, he was a founding partner of wealth management boutique Thurleigh Investment Managers which was subsequently taken over by Ingenious Asset Management then Tilney.
He was also a founding director of Mercury Asset Management Group, which was taken over by Merrill Lynch in 1997. He became chairman of private investors at MLIM and sat on the executive management committee.
Andrew Fleming, Waverton chief executive, commented: “His industry knowledge and experience across private clients, charities and fund businesses will, I am sure, be an invaluable addition to our organisation which is looking into 2018 with a sense of optimism.”
Last week, Waverton Investment Management hired William Dinning as head of investment strategy and communications.
As at 30 June 2017, Waverton had approximately £5.2 billion of assets under management and over 100 members of staff.