Newcastle-based Lowes Financial Management has brought its assets under advice to £675m after bringing in another financial adviser.
Jennifer Morris, who founded North East Independent Financial Services Ltd almost 19 years ago, has agreed to bring her clients to Lowes as part of her path to retirement in 2021.
She is joining Lowes along with her assistant Susan Jane Plimley and brings the firm’s financial consultant numbers up to 15, assets under advice to more than £675m and active investment clients to more than 4,000.
Ian Lowes, managing director of Lowes Financial Management, said: “As we continue to grow one of the biggest challenges I face is ensuring that any new consultant is able to provide the very highest level of service that our clients have come to expect.
“Jennifer impressed us at Lowes and we welcome the opportunity for continuity of service to be provided to her clients by Jennifer joining the Lowes family.
“I’m open to the opportunity to welcome new advisers and client banks of those wishing to retire, and who want to ensure their clients will be looked after to the highest standards.”
Ms Morris said: “I want to retire in five years time, but I want my loyal clients to be looked after property when I leave.
“I didn’t want to hire someone to take over and so I searched for an independent financial adviser who operated a professional practice, put their clients first and lastly, but importantly, were focused on finding good investments to suit a client’s individual needs.
“Lowes is truly passionate about investments, a culture that really impressed me in my search for a quality home for my clients.”