The Chartered Institute for Securities & Investment (CISI) is delighted to announce that Philip Firmin Chartered MCSI of AJ Bell Securities has been awarded the Hoare Nairne Scholarship.

The new Scholarship, worth £2,500 towards study costs, is awarded by the CISI Educational Trust, supported by a donation from Charles Hoare Nairne to cover the costs of the Scholarship for the foreseeable future.

Simon Culhane and Philip Firmin
Simon Culhane and Philip Firmin

The aim of the Scholarship is to help the successful candidate study towards CISI’s premier qualification, the CISI Masters in Wealth Management.

The CISI Masters in Wealth Management qualification comprises three units: Financial Markets, Portfolio Construction Theory and Applied Wealth Management, normally taken over 18 months, with sittings in June and December.

Scholarship candidates were asked to submit an essay on “Has the Retail Distribution Review helped the saver?”.


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On receiving the Scholarship, Philip, who has previously completed the CISI Diploma in Investment Compliance, said: “I am thrilled to be awarded this prestigious scholarship. I look forward to the challenges of studying for the CISI’s pinnacle qualification.”

Simon Culhane Chartered FCSI and CISI CEO said: “Many congratulations to Philip who has shown himself to be a worthy recipient of this new Scholarship. We wish him every success in his studies.”