Close Brothers is targeting bespoke investment management clients in Scotland with the hire of two former Rathbones directors.
Andrew Mackintosh-Walker and John Henderson will join the business's Edinburgh office to work with high net worth clients.
A spokesman for Close Brothers said the appointments add "bespoke investment management capability to the Scotland team for the first time, complementing existing expertise in financial planning and advice."
Mr Henderson was previously regional director at Rathbones, having opened the firm's Aberdeen office in 2010.
He founded Albyn Investments in Edinburgh, which was bought by Rathbones in 1998.
Mr Mackintosh-Walker was investment director and deputy head of Rathbones' Edinburgh office, joining the company in 2000 from Merrill Lynch Private Client Group.
Martin Andrew, chief executive of Close Brothers Asset Management, said: "We are committed to growing and strengthening our proposition in Scotland.
"Hiring individuals of the calibre of John and Andrew is a clear statement of that intent. Both have a superb track record."
david.thorpe@ft.com
