Charles Stanley joins Scottish Financial Enterprise

Wealth managers Charles Stanley have joined Scottish Financial Enterprise as the company grows their presence in Scotland.

Charles Stanley is one of the UK’s leading wealth managers, with 800 staff working across 20 locations in the UK, including a team of 45 based in Edinburgh.

The independent firm works with individual investors, charity and pension trustees, financial advisers and institutions, creating financial security for many tens of thousands of people and managing and administering over £24 billion.

John Redpath, executive director of financial planning for Charles Stanley Edinburgh, said: “As one of the UK’s leading wealth managers with a growing presence in Scotland, Charles Stanley is delighted to have become a member of Scotland’s primary representative body for financial services. This is an extremely exciting move for Charles Stanley, a firm with a truly national outlook. Scotland is a leading UK financial centre where we have focused growth plans and our membership of SFE will give unrivalled access to an industry-leading network of peers.”

First listed on the London Stock Exchange in 1852, Charles Stanley is headquartered in the City of London, with a regional network of branches throughout the UK and the firm sees the move to join SFE as a step forward in unlocking the potential beyond the border.

Mr Redpath continued: “As we continually seek to broaden our horizons throughout the UK, we look forward to making the most of opportunities provided by SFE to help shape industry practices, raise awareness, and support innovation within the industry. It’s extremely encouraging that we have now secured membership of the leading body for financial services in one of the top financial capitals of Europe.”

Graeme Jones, Scottish Financial Enterprise chief executive, said: “We’re delighted to welcome Charles Stanley to our growing membership at a time when they’re looking to increase their presence in Scotland. Their decision to join Scottish Financial Enterprise signals confidence in Scotland and in SFE.

“SFE’s network of professionals working in Scottish financial services is unrivalled and I look forward to introducing Charles Stanley to fellow members. They are an important addition to the SFE membership and will play an active role in the work we are doing to strengthen Scottish financial services.”