Wealth manager TrinityBridge, formerly Close Brothers Asset Management, has appointed long-standing Financial Planning head Andrew Knight as its new client relationship director for Scotland.

Mr Knight has worked at TrinityBridge for 25 years, serving as Financial Planning director over the past 15 years.

The new appointment, “will play a critical part in driving forward the firm’s growth ambitions in the region,” according to the business.

Marcelo Rodrigues, managing director for Scotland, said: "Andrew's extensive experience and proven track record in Financial Planning and client relationship management make him the perfect fit for this role. We are confident that he will help us continue to deliver exceptional service to our clients and drive our growth in the Scottish market."

Mr Knight said: "I am very excited to be taking on this new role at TrinityBridge and look forward to working with the team, who I know well, to build and strengthen our client relationships.

“TrinityBridge has a strong reputation for excellence in wealth management, and I am eager to contribute to the firm's continued success."

Former parent Close Brothers Group sold the firm earlier this year to private equity firm Oaktree Capital Management for £200m.

The sale of Close Brothers Asset Management was first announced last September and recently received regulatory approval.

At that time, Eddy Reynolds, chief executive, said: "We will now accelerate our programme of investment, build our capabilities, and continue to grow.” 

The business was renamed TrinityBridge last month. The firm said the name TrinityBridge was chosen to reflect the “enduring relationships” that exist between clients, their investment managers and their professional advisers. It said it represents strong connections and longevity.

TrinityBridge operates from offices in London, Birmingham, Bristol, Cheltenham, Chester, Chichester, Dorset, Edinburgh, Gatwick, Glasgow, Guernsey, Manchester, Newcastle, Northwich and Winchester.

Oaktree has £160bn in assets under management as of the end of December 2024 and has more than 1,200 employees and offices in 23 cities worldwide.