Raymond James is to open a new London branch this month, led by former Charles Stanley senior investment manager Edward Rust.
Commercially independent from Raymond James, and with plans to grow the team in line with client demand, the new branch will offer investment and wealth management services to private clients across the UK and overseas.
The branch marks the fourth to be opened by Raymond James in the last three months. Head of business development at the firm, David Hazelton, said the opening is “another great step in expanding our presence within London”.
On working with Raymond James and heading the new branch, Mr Rust commented: “Providing a personalised service to clients is the cornerstone of how I work, and the infrastructure and support Raymond James can provide will allow me to spend more of my time focusing on my client’s needs.
“Maintaining commercial independence is also a very attractive proposition, as it gives me the space I need to manage the business. With Raymond James’ backing I am confident that this branch can grow while continuing to offer an excellent service to the clients.”
Raymond James serves entrepreneurial investment managers and investment focused financial planners in the UK to serve high net worth clients with complex financial needs.