Leigh Yeaman

Leigh Yeaman, Investec Wealth & Investment’s divisional director of Scotland and Northern Ireland, said: “We are delighted to announce that our acquisition of Murray Asset Management is now finalised and approved by the regulators.

“The team’s discretionary management capabilities combined with financial planning expertise make them a perfect cultural fit for Investec Wealth & Investment.

“The team, and the clients they bring with them, will have a fantastic impact on our business in Edinburgh and support our growth ambitions in the region.

“Going forward, our newly combined team of 84 people will be working with clients to ensure they receive a seamless service, and focus on growing our combined business throughout the region.”

The 20 staff of Murray Asset Management have between them over 100 years of experience helping clients realise their financial goals. The company provides a wealth management suite of products and services for clients.

Ruthven Gemmell

Ruthven Gemmell, chief executive of Murray Asset Management, said: “We are very pleased to have the opportunity to become part of the Investec Wealth & Investment business which is similarly client-focused, highly regarded in the market, and has a similar investment approach.

“By joining forces with Investec, we believe our clients will benefit from the enhanced services.”