A new wealth manager has been appointed at leading North East financial advisory firm, Lowes Financial Management, as the company continues to build a strong team to drive its ambitious growth strategy.

Michael Stowe, 36, has been appointed to the role at a time of wider restructure and ongoing expansion at Lowes.

As a multi-award-winning independent financial advice firm, Lowes, which last year celebrated 50 years of servicing clients, recently appointed its first associate director and a head of financial planning, this alongside opening a new office in Teesside to further develop its national and regional profile.

In his role as wealth manager, Michael will be involved in developing his relationships with current and new clients, working from both the Newcastle and Middlesbrough offices.

Michael has been part of the wider Lowes team for almost 10 years, starting in an administration role and working his way up, learning the business in various roles before becoming a Lowes Consultant. His appointment as wealth manager comes as the firm seeks to cement itself as the best Independent Financial Adviser (IFA) in the North East.

He said: “I am delighted to be taking on this role at Lowes during such an exciting period of growth and progress. During the last several years there has been a lot of change within the financial advisory sector from legislation and regulatory requirements to the opportunities that technology has created.

“Lowes has built its reputation on providing a personal service to clients; an approach which we plan to continue to build on and enhance. The ongoing growth of the senior leadership team at Lowes is allowing us to improve our levels of service for our clients by introducing efficiencies and removing time-consuming tasks. This means we can offer more time to those who want a more personalised service.”

Lowes advises clients across a wide range of financial aspects such as inheritance tax planning, investment management, pensions, tax mitigation, long term care and other general financial planning issues helping clients and their families to secure their financial future. More specifically, Lowes is a recognised national authority in structured retail products.

Last October, Lowes was once again recognised as the UK’s Best Investment Advice Firm by financial adviser magazine Money Marketing – winning the award for three out of four years, being runner up in 2019. The Money Marketing Awards are one of the financial services profession’s most prestigious awards that recognise and reward the sector’s leading advisers and providers.