Close Brothers continues raiding Rathbones for HNW team

Asset manager nabs seventh Rathbones hire for bespoke team

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Close Brothers Asset Management (CBAM) has poached another senior hire from Rathbones as it continues to build out its high-net worth presence in Scotland.

Christopher Godfrey-Faussett (pictured) joins the wealth manager’s Edinburgh-based investment team as managing director.

Godfrey-Faussett is the second Rathbones hire CBAM has snagged for its Scottish HNW arm in a matter of months. In January the group recruited Andrew Hess to become another managing director assisting with its bespoke investment management service for wealthy individuals based out of London.

CBAM has been stuffing its HNW team with ex-Rathbones employees. Since Tim-Eliot Cohen was selected to spearhead its private client office in London it has hired seven directors from the rival manager including Andrew Mackintosh-Walker and John Henderson, who joined the Edinburgh team last October.

CBAM chief executive Martin Andrew said the team had been focused on recruiting “select individuals” to the Scottish HNW team which he sees as key to the firm’s strategic growth plans.

“Christopher will be a hugely valuable addition to our team as we expand our proposition and our client base,” he said.

Godfrey-Fausset has 27 years’ experience in financial services, managing investments for private clients, trusts and charities. He joined Rathbones’ London office as an investment director in March 2001, transferring to its Edinburgh office in four years later. While at the firm he was also responsible for Rathbones’ Scotland-based charities team.

He is a member of the Chartered Institute for Securities and Investment.

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