The hire is part of the latest expansion effort by the discretionary fund manager (DFM), which currently oversees £700m under management across 42 model portfolios.
Cousins leaves behind a 17-year career at Brewin Dolphin’s Reigate office, managing discretionary and advisory portfolios, primarily, for high net-worth private clients.
The Chartered Institute for Securities & Investment (CISI) chartered fellow has also held roles at Schroders and Fidelity Investments.
In his new role, Cousins will concentrate on advising high net-worth private clients.
“We have an established proposition for financial advisers who wish to outsource their clients' investment portfolios,” explained Stewart Murray, CEO of Beaufort.
“Peter has a successful track record of managing portfolios on behalf of private clients and those in the professional services, mainly on a discretionary basis, as well as providing advice when required.”
Cousins commented that he was “thrilled to be joining Beaufort at this time of rapid expansion.”
“The increased wealth management offering is testament to the company’s ambitions to provide a high-level professional service which delivers excellent value to the client,” he said.
“My aim is to grow my clients' wealth and provide the best level of financial assistance for their needs.”