Quilter says it will cut a “small number” of “restricted Financial Planners” following a dip in profits.

DFM Quilter Cheviot has appointed Simon Funge, former MD of Worldwide Financial Planning, as its new head of office in Manchester as it renews its growth strategy in the region.

Investment management firm Quilter Cheviot has added four managers to its expanding investment team following 16 hires in 2019.

Quilter Cheviot has made two appointments of experienced staff as it increases the total size of its investment team to 167.