Financial Planner and wealth manager Close Brothers Asset Management (CBAM) has hired Rob Crawshaw FCSI as managing director of its £1.4bn AUM Mayfair office as it aims to expand its growing HNW offering.

Mr Crawshaw will move from Rathbones to join CBAM in the autumn.

He joined Rathbones in 2013 and manages a range of portfolios for private clients and charities. Prior to Rathbones he was at Brewin Dolphin as a senior investment analyst.

He is a Chartered Fellow of the Chartered Institute for Securities & Investment and holds CISI diplomas in derivatives, fund management, and regulation & compliance.

He will the team of Tim West, who joined CBAM in late 2019, to support the growth of the Mayfair office. Headed by managing director Andrew Hess, the office now has 10 investment professionals and six support staff, managing £1.4bn on behalf of clients.

Martin Andrew, chief executive of Close Brothers Asset Management, said: “At a time of economic uncertainty, clients need to have total confidence in the skills and expertise of their investment managers, especially given the reduced face-to-face interaction caused by the pandemic. That’s why we put quality client service first, and why we are committed to investing in new hires of Rob’s calibre.

“Rob’s experience and enthusiasm for excellence will make him the perfect addition to the strong team in Mayfair, who have been a vital driver of the increase in our managed assets over the last year. He will support the development of the bespoke proposition we offer to high net worth clients.”