He will be a director in the firm’s Guildford office, working with the investment management team.

He joins from Investec and has worked in the sector for 25 years, specialising in discretionary investment management for individuals, families and family trusts and charities.

His main area of expertise is constructing and managing bespoke portfolios, says the firm.

Maggie Lowe, head of Smith & Williamson’s Guildford office, said: “We are delighted that Jules has joined our growing investment team. He brings vast experience and expertise to the office and his approach to looking after clients and their wealth is very much in tune with ours.”

Based in the centre of Guildford, the investment management team works alongside specialists in pensions, Financial Planning, tax and accountancy.  Clients include individuals, businesses, trusts and charities.

Mr Porter said: “I have long admired the breadth of services that Smith & Williamson is able to offer and its unique approach to client care.  I am delighted to now be a part of its partner-led culture, and look forward to a long and successful future for me, and more importantly, for my clients, at Smith & Williamson.”