Salford-based investment platform AJ Bell announced the appointment of Andrew Donald as investment sales director.
In the newly created role, Donald will lead adviser sales of AJ Bell’s suite of investment products including the distribution of its Managed Portfolio Service (MPS) and range of funds across the platform market.
“Having spent over 18 years at 7IM working across strategic partnerships and business development, Andrew brings extensive knowledge of the advised market,” said AJ Ball.
“He has also previously held roles at Selestia (now part of Quilter).
“AJ Bell Investments has supported advisers for over 10 years with innovative investment solutions through its MPS and multi-asset funds to meet the evolving needs of clients across a range of scenarios. Assets under management grew by 41% in the year to June 2026, reaching £11.4 billion.
“Andrew’s appointment coincides with AJ Bell Investments’ 20% cut to its core MPS charge from 0.15% to 0.12%, effective today.”
Ryan Hughes, AJ Bell Investments managing director, says: “With advisers facing an increasingly complex tax and regulatory environment, it’s vital that we have the experience and capability to support advisers and clients’ needs.
“Andrew brings this expertise in spades, and his appointment enables AJ Bell’s advised business to further improve the excellent service offered to advisers through our award-winning investment solutions.
“Advisers using our services should feel good advising and be confident that we can continue to deliver great outcomes for them and their clients.
“That’s why from today we’ve reduced charges for our core MPS range by a fifth, demonstrating our commitment to ensuring advisers have access to a broad range of investment solutions that are easy to use and low cost.”
Donald said: “I’m delighted to join AJ Bell at such an exciting time for the business. The combination of a well-established and innovative investment proposition, a market-leading focus on service, and the price reduction to its core MPS range from today creates a compelling offering for advisers, partners and their clients. I look forward to working closely with colleagues across the business to further strengthen our relationships and support continued growth.”