Media reports suggest that he is to take up a role within Rathbones' private client division in March. Rathbones declined to comment when contacted by this publication.

Crawshaw joined Brewin Dolphin in 2006 as an analyst in the firm's fund research team, responsible for UK, US, and fixed income recommendations.

At the end of December 2012, Brewin Dolphin had total managed funds of £26 billion (around $41 billion), a rise of 0.4 per cent from 30 September.