A second WH Ireland and Charles Stanley alumnus has set up his own wealth management practice under the Raymond James name.

Run by branch principal Nick Fox, Raymond James Nascot Wood (Watford) will provide discretionary and advisory investment services to clients all over the UK.

With over 30 years’ investment management experience, Mr Fox joins the firm from WH Ireland, where he worked for over five years. Previously, he worked at Charles Stanley and Rowan Dartington.

Mr Fox began his investment career at the Sun Alliance Insurance Group in the 1980s. Since 2008, he has managed individual portfolios, using...