Charles Stanley, the London-listed wealth management and brokerage firm, has appointed Simon Davis as director of wealth management in the company’s financial services division, reporting to director Mike Lilwall.

Charles Stanley, the London-listed wealth management and brokerage firm, has appointed Simon Davis as director of wealth management in the company’s financial services division, reporting to director Mike Lilwall.

He was previously a director at Broadstone Pensions & Investments, where he was responsible for launching the company’s life planning service, business protection service and steered the company towards the attainment of chartered firm status.

In other recent news, Charles Stanley said revenues in the final three months of 2013 rose by 18 per cent year-on-year to £36.7 million ($61 million), helped by a 12.9 per cent rise in commissions and a 21.4 per cent gain in fees.

As previously reported, Charles Stanley bought Evercore PAN Asset Capital Management last November, taking on a business with around £580 million of client money.