UK advisory firm Lowes Financial Management which has approximately £900m of assets under management is gearing up to launch a sister company, Lowes Investment Management (LIM), a new discretionary service to complement its traditional advisory service.
The investment team from LIM will be moving over to the new company but will continue to provide the same investment service to Lowes’ existing clients as before, according to Lowes Group managing director Ian Lowes (pictured) . “[The new service will] primarily facilitate a more stringent adherence to models across all participating clients by removing the requirement for them to be involved in portfolio adjustments,” Lowes told SRP. “The structured product fund portfol
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