International Asset Monitor has appointed Andrew Whelan as managing director to set up a Jersey office.

Whelan, who has worked in the investment industry for 26 years, was a founding partner of the Ermitage Group following its management buyout in 2006 from Liberty Life, later leaving Ermitage when it was sold to Nexar Capital Group in July last year.

Mr Whelan has 26 years’ experience as an investment professional and has won multiple investment awards, including Lipper, PAM, Financial Times and Investors Chronicle recognition.

IAM provides an advisory service suitable for anyone with direct or fiduciary responsibility for investments. It was founded in 1987 and now employs 17 staff.