OppenheimerFunds has hired Charles Oldmeadow, who was previously responsible for discretionary wealth managers at Jupiter, as business development director.
Oldmeadow had worked at Jupiter since 2011 in a variety of sales roles and was an analyst at HSBC prior to this.
Earlier this year, it was announced Jupiter would be merging its UK retail and wealth sales teams, which resulted in departures including head of UK retail James Crossley.
Former member of the team Oldmeadow has now joined OppenheimerFunds and will focus on UK intermediary clients and institutions, reporting to head of EMEA Doug Stewart.
He will be based in Oppenheimer's London office, which opened last October as an EMEA headquarters for the US firm, which has $261bn in assets under management.
Stewart commented "Our aim is to be a trusted partner to sophisticated clients throughout EMEA and this hire reflects the importance of the region to OppenheimerFunds.
"With Charlie joining, we will be well placed to continue to grow the business while further developing our existing client relationships. I am delighted to have Charlie on board at this exciting time in our development."