The London-listed investment manager has created a new role to focus on the intermediary market.

UK-based Charles Stanley has appointed Mark Pittaccio as head of intermediary distribution.

In the newly-created role, Pittaccio will lead the firm’s distribution strategy to the intermediary market which will include developing the national sales team and helping advisors in the development of their own client offering. He will be based in London.

Pittaccio joins from IN Partnership, where he was group investment director responsible for the delivery of the network’s investment strategy, client proposition and business transition programme to more than 300 advisory businesses. Before this, he was investment director at Thinc Group and founder of Highfield Financial Services. He brings particular experience in transitioning advisory businesses from a traditional transactional model to a service-based fee model.

“We are fully committed to building and enhancing our services to intermediaries. Mark’s experience and advisory perspective therefore represents an extremely valuable addition to our offering and provides a more consultative approach to intermediaries which will bring real value to their business,” said Charles Stanley's head of distribution, Christopher Aldous.

Charles Stanley last month hired Peter Cooke and Sandy McPherson as portfolio manager and financial planning and wealth management consultant respectively.