Lowes appoints first financial planning head

Lowes appoints first financial planning head
Lowes' 37-year-old financial planning head, Gershom Chan

Lowes Financial Management has appointed its first head of financial planning as part of a wider restructure and expansion of its services.

In the new role, Gershom Chan will be tasked with better defining and expanding the company’s financial planning arm, as well as overseeing training of the firm’s financial planners.

Chan is himself a chartered financial planner and fellow of the Personal Finance Society. He started at Lowes more than three years ago as a paraplanner, before becoming a financial consultant servicing his own bank of clients.

In 2020, Lowes founded its own academy to attract new talent to financial services, something the firm said Chan is keen to drive forward as part of his role.

Its recruitment strategy forms part of Lowes’ broader goal of cementing itself as one of the best IFAs in the North East.

The firm advises on inheritance tax planning, investment management, pensions, tax mitigation, and long term care.

Following his appointment, Chan said: “I am delighted to be taking on this role at Lowes during such an exciting period of growth and progress. 

“Lowes has built its reputation on providing personal service to clients, and I fully intend to be involved in continuing to strengthen that approach across the business.

“I appreciate that Lowes is a family business - we are families looking after families. What we offer is highly personalised, enabling Lowes to offer a genuinely flexible service with minimal bureaucracy.”

The firm also recently appointed its first associate director, Andy Gardiner, and opened a new office in Teesside as part of its national and regional expansion.