Wealth management and professional services giant Evelyn Partners is opening an office in Brighton to support clients in Sussex.
With £55.8bn ($67.5bn, €65.5bn) of client assets under management, Evelyn Partners “will be the only top ten UK wealth manager to have an office in Brighton”, the firm said.
There will be 12 staff members based in the city, but Evelyn Partners said “there is space for further growth”.
David Cummins, managing partner at Evelyn Partners, said: “We are really excited to be opening a new office on the south coast. Brighton is a fantastic city and is known for being home to many young entrepreneurs and professionals, but it has been underserved by national wealth management companies.
“This new office will give us an opportunity to fulfil our mission of ‘placing the power of good advice into more hands’ by growing our presence in the biggest metropolitan area along this part of the south coast.”