The move comes after the group posted a £3.9m loss in the six months to end September 2013, and the appointment of Paul Abberley as CEO.
Commenting in its half year results, chairman Sir David Howard said the loss was disappointing “not least because this does not reflect the good progress achieved in many areas of the Group.”
A major part of the reason for the losses was the heavy investments made as part of a major upgrade of its systems and processes as well as those into Charles Stanley Direct in a period of “static markets and revenue”.
But, he added: “I am delighted that Paul Abberley has accepted the Board's invitation to succeed me as Chief Executive of Charles Stanley, having previously been Chief Executive of Aviva Investors London. Paul brings a fresh perspective to our business and we are committed to restoring our profitability."
In a release following the stock exchange announcement Abberley thanked Rawlinson for his work and said: “Wealth Management requires ever-greater management information and analysis and our finance teams are well-positioned for the future. As a company, we wish him every success in the future.”
According Charles Stanley, Money-Coutts joined the firm in May 2013 from Saltus Partners, where he had held both CFO and COO positions. Before that, Money-Coutts worked as head of corporate broking at Bridgewell Securities.
