David Palmer has joined Ashcourt Rowan as a business director within the wealth manager's asset management arm.
Ashcourt Rowan chief executive Jonathan Polin has bought a further 31,645 shares in the company following the group's interim results yesterday.
Wealth manager Ashcourt Rowan has agreed to a fine of £412,000 from the FSA for a number of legacy issues relating to investment suitability in its Savoy business.
Asset management and advisory group Ashcourt Rowan has narrowed its losses after implementing a programme of cost savings following a strategic review of the business.
Wealth management group Ashcourt Rowan has appointed two chief executives to head up its financial planning and asset management divisions.
Ashcourt Rowan subsidiary Savoy Investment Management has transferred six investment management staff to Walker Crips.
Wealth manager Ashcourt Rowan has appointed Cofunds to power its adviser platform proposition.