Charles Stanley, the London-listed wealth management and brokerage firm, has appointed Anthony Scott as head of investment management and also opened a new office in Cardiff.

Charles Stanley, the London-listed wealth management and brokerage firm, has appointed Anthony Scott as head of investment management and also opened a new office in Cardiff.

Scott has worked in the asset management department since he joined Charles Stanley in 1999 and prior to the appointment managed a team of six, looking after charities, private clients and the inheritance tax portfolio service.

He will also join the board of directors, subject to Financial Conduct Authority approval, the firm said in a statement.

The new Cardiff office is the firm's 34th branch in the UK. The team joined from Barclays Wealth last year and will be headed by branch manager Andrew Stansfield. He will be supported by Gail de’Claire and Richard Disley on the investment management side, and Gary Power as head of charity development.

Last month, Charles Stanley has appointed Simon Davis as director of wealth management in the company’s financial services division, reporting to director Mike Lilwall (see here).

He was previously a director at Broadstone Pensions & Investments, where he was responsible for launching the company’s life planning service, business protection service and steered the company towards the attainment of chartered firm status.

In other recent news, Charles Stanley said revenues in the final three months of 2013 rose by 18 per cent year-on-year to £36.7 million ($61 million), helped by a 12.9 per cent rise in commissions and a 21.4 per cent gain in fees.

As previously reported, Charles Stanley bought Evercore PAN Asset Capital Management last November, taking on a business with around £580 million of client money.