The new investment manager will look after clients in the North of England.

Raymond James has appointed Andrew Waggitt to its London branch in Moorgate as an investment manager, as it bids to bolster its financial planning division.

Waggitt joins the branch, which trades under the Raymond James name, and will look after clients based in the North of England including Yorkshire, the firm has told this publication.

The branch provides a wealth management service to high-net worth individuals, trusts and charities.

Waggitt will join former Arjent colleague Daryl Grundy, chartered wealth manager and branch principal. Grundy launched the investment manager’s partnership with Raymond James.

“I am really pleased with the appointment of Andrew,” said Grundy. “He is experienced in the field already and he has great potential. He has an exceptional relationship with his clients especially in the North of England where he has a reasonable presence.”