The former head of an IHT and estate planning specialist firm bought out by AFH Financial Group has been hired to run a new Midlands-based advisory business.

Robert Magee has joined Meyado Private Wealth Management after having sold his company, Robert Magee and Associates, to AFH in June 2013. He will head up the London company's new Midlands team.

His new company underlined his experience in advising clients across the UK and Europe and highlighted that he has had an international business presence for the majority of his career.

Mr Magee will be responsible for recruiting professional advisers to join the midlands team over the coming months.

Mr Magee said: “I was initially attracted to Meyado because I saw how differently they operate, providing literally the whole investment market to their clients. They make the complex simple and I’m looking forward to playing an active part in bringing this offering to the Midlands for busy professionals living in and around Birmingham”.

Martin Young, chief executive of Meyado, said: “We’re delighted to have taken on someone with real business experience in the financial advice space within the Midlands. Birmingham, as the second biggest city in the UK, is very important to us and we are very excited about being able to provide expert financial advice for successful executives in this area”.

Meyado said it has been providing investment advice to executives for over twenty-five years with a focus on serving high level executives and added it was independent of all investment houses and platform providers.