Dyer is currently chairman of Soprano Consulting, a merger and acquisition consultancy advising UK wealth management businesses, and non-executive director of RPlan, a provider of technology solutions to fund managers. His previous roles include head of intermediary acquisitions at Close Brothers and chief executive of Cofunds.

“Stuart brings extensive board level experience and a wealth of knowledge in the financial services sector, which will be instrumental as we continue to expand our business. He will be a highly valued adviser and we welcome his contribution to our strategic growth plans,” said Richard Dunbabin, chief executive at Ascot Lloyd.

The Wokingham-headquartered firm, which proves financial planning, wealth management and corporate benefit solutions, manages £2.2 billion ($3.2 billion) from its network of UK offices.