Wealth planner and investment management firm Brown Shipley’s new chief investment officer has started his new role.

Toby Vaughan began his new position following his appointment in August.
 
He joined from Santander Asset Management, where he was head of the multi strategy solutions team and responsible for the oversight of more than £14bn of assets across a range of investments.
 
In his new role, Mr Vaughan will be responsible for Brown Shipley’s research and asset management unit and the firm says he will “lead efforts to further strengthen Brown Shipley’s investment capabilities.”

In his 17 years in the fund management industry Mr Vaughan and his teams have received a number of accolades and industry recognition for the management of portfolios and processes, including the Fund of Funds Investment Week Fund Manager of the Year award.
 
Alan Mathewson, chief executive at Brown Shipley, said: “I am delighted to welcome Toby to Brown Shipley today and look forward to working with him.

“As an experienced asset management professional, I am confident that he will further enhance our investment management proposition and, ultimately, the quality of service we can offer to clients.”       
 
Mr Vaughan said: “I am thrilled to have joined Brown Shipley and look forward to playing an active role in the firm’s continued development in line with Alan’s vision.

“I am looking forward to working with my team and the opportunity to build on its excellent track record.”
 
As of 30 September, Brown Shipley had £7.9bn assets under management.