Chief executive Michael Kerr-Dineen said the firm has chosen Liverpool because of the city’s importance as an asset management centre.
He said: “The region is increasingly affluent so naturally will attract high profile investment businesses such as Cheviot who, we believe, offer a unique alternative to the growing corporatisation of traditional firms, for example Deutsche/Tilney, Investec/Rensburg and Morgan Stanley/Quilter.”
He confirmed that Cheviot, launched in May 2006, already has ambitious organic growth plans for the new office to add to the £3.5bn in assets under management the firm manages overall.
