Adam & Company, the Scottish private bank, has relocated its head office to St Andrew Square in Edinburgh.
The firm was previously based in the same city, but the new headquarters will place all the company’s employees on one floor instead of several, as well as having more space for meeting and entertaining clients.
The bank, which is part of Royal Bank of Scotland and a sister firm of Coutts, announced a series of top-level management changes earlier in March. Graham Storrie was appointed as chief executive of Adam Investment Management, a role he has taken on in addition to his existing post as managing director. Ian Ewart, who is head of products, services and marketing for RBS’ wealth division, was appointed to the board of Adam & Co, encompassing Adam & Company and Adam Investment Management.
Adam & Company was founded in Edinburgh in 1983 by a group of influential Scottish business people. It is named after Adam Smith, a central figure of the Scottish Enlightenment in the late 18th century often referred to as the father of modern economics.
The firm has £1.25 billion ($2 billion) of private client funds under management.