McNie was previously senior investment director at Brewin Dolphin. He will report to Ashcourt Rowan's asset management CEO, Harry Burnham.

Burnham, also a former member of the Brewin Dolphin investment team, said in a statement that McNie’s experience of almost 30 years in the private client investment sector will be crucial to the company's growth plans.

“We can use his vast knowledge across the investment management team as we look to develop our business over the coming year. We pride ourselves on being able to attract people of the highest calibre through our doors and Gregor is no exception,” said Burnham.

Ashcourt Rowan last year reported a sharp rise in earnings. To read more on this by WealthBriefing, click here.