Woodhouse joins from his most recent role at UK motoring and financial services group RAC plc where he was CEO for five years.
He has also held senior roles at Debenhams and Homebase, rising to deputy CEO at both firms.
Woodhouse will succeed Hall who is stepping down after seven years in the role. Hall will become an adviser to Permira, a global wealth manager.
Will Samuel, chairman of Tilney, said: “We are delighted to welcome Chris to Tilney where his career and experience working with some of the UK’s most recognisable brands will bring real value to Tilney’s already strong market position.
“I would like to thank Peter for his major contribution to the development of the firm.
“Peter has served as chief executive of Tilney since 2010, leading the organisation through a period of rapid growth.
“He has been responsible for the successful integration of the Tilney, Bestinvest, Ingenious and Towry businesses to create one of the leading wealth management firms with over £23bn of client assets and an excellent reputation.”
Woodhouse is a fellow of the Institute of Chartered Accountants and an associate of the Association of Corporate Treasurers.
He said: “Tilney is a business that has built a leading position within a highly competitive market, and I am thrilled to be joining.
“Its success today is a result of bringing together some of Britain’s most respected brands in the wealth management space, with a very high calibre team of professionals and by offering a broad range of services that span financial planning, investment management and an online investment service.
“Recent changes in in the landscape for pensions mean there is a need for high quality financial advice, investment management and guidance which puts the customer first.”
Woodhouse’s appointment follows a busy year for Tilney Group who rebranded from the former name Tilney Bestinvest, following its acquisition of Towry and Ingenious Asset Management last year.
In August it also completed its acquisition of Midas Investment Management and its book of £162m AUM.
Woodhouse added: “I believe there is a real opportunity for Tilney to deliver even greater value to customers and I look forward to working with the team as we enter the next exciting phase.”