Mr Barr joins CBAM from Brooks Macdonald, where he spent seven years as an investment manager and director. Prior to this, he worked in the Channel Islands for four years at Ernst & Young. While at Brooks Macdonald, Mr Barr looked after both private client and charity funds. He was also responsible for specialist research in UK stocks and AIM BPR qualifying shares, as well as holding the position of deputy manager of Brooks Macdonald’s AIM Portfolio Service.

Mr Barr holds a chartered wealth manager qualification and a private client investment advice and management diploma from the Chartered Institute for Securities and Investment.

The firm’s Edinburgh office has gone from strength to strength since it launched in office bespoke investment management capability.  This announcement follows a succession of senior hires since 2019, with four new managing directors joining the Edinburgh team. CBAM now employs 110  people in Scotland. 

Martin Andrew, chief executive of Close Brothers Asset Management, said: “In these extraordinary times, Michael is an excellent addition to our Edinburgh office.

“His considerable expertise in managing both charity funds and handling private clients’ needs will be a fantastic asset as we continue to enhance our high net worth proposition in Scotland. This in turn will support our growth plans across the UK, all while maintaining our excellent service for clients.”