The former Ignis Asset Management executive director said last month he believed Ashcourt Rowan had the potential to become one of the leaders in UK wealth management over the next three to five years.
This was despite half year results that showed a pre-tax loss of £1.31m in the six months to 30 September.
Polin has been at the firm for three months and has been familiarising himself with the business and coming up with a strategy that will help the firm to compete in the wealth management space post-RDR.
Now with ownership of 0.74% of the business, making him the largest director shareholder, Polin has an even greater motivation for the group to succeed.
Four other directors have also invested money in the business, taking director ownership up to 1.11% of the company’s value, or £296,881 in total.
At the end of September Ashcourt Rowan held £3.93bn AUM, up from £3.39bn at the same time in 2010, but down from the £4.46bn held at the start of the half.
The firm announced a share placing of £8.5m alongside its interim results back in November to help it cut its cost base and pull the firm back into the black.
Polin predicted the firm would return to "run-rate profitability" over the next 12 months, but that a number of exceptional items would prevent it reaching actual profitability in that time.
