Former Cavanagh co-founders Andy Fay and Simon Redgrove have left Close Brothers Asset Management (CBAM).
Mr Fay and Mr Redgrove moved to Close Brothers in 2011 after the firm acquired the financial advice firm, Cavanagh, that the duo had set up in 1996.
Mr Fay will be replaced as head of wealth management by Andy Cumming, who is currently head of the firm’s wealth business in Scotland.
