Mr Wilson has worked in financial services for more than 30 years and joins from Brooks Macdonald, where he was a founding member of the Edinburgh office in 2009. He will be based in Edinburgh.

Before Brooks Macdonald, he spent 15 years as senior investment director at private bank Adam & Co, where he was a member of the asset allocation committee.

Close Brothers says his recruitment is part of a drive to expand its Scotland office and follows the appointment of managing director Christopher Godfrey-Faussett this year, and Andrew Mackintosh-Walker and John Henderson last year, when CBAM established an investment management capability within its Scotland team.

The hires in Scotland are also part of a wider strategy to expand CBAM’s high net worth service across the UK.

Martin Andrew, chief executive of Close Brothers Asset Management, said: “Our high net worth proposition is going from strength to strength and Alastair’s appointment is further evidence of the merit of our offering as we continue to attract the highest calibre of investment professionals.

“Alastair brings with him tremendous pedigree and expertise; he will support the team in continuing to deliver excellence to our expanding Scottish client-base.”

Close Brothers Asset Management provides financial advice, investment management and other services to private clients and professional advisers. It has offices across the UK including London, Bristol, Newcastle, Edinburgh and Glasgow.