FOR SUSTAINABLE, PROFITABLE, CLIENT-FOCUSED ADVISER FIRMS
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For sixth year in a row
Lowe previously announced as head of UK distribution
Expected to complete 1 January 2018
Backing from TA Associates
Oxford and Reading
Adds £300,000 of recurring revenue
Adds 27 staff to London office
Robo-advisers manage £1.7bn in total
Due to be sold
430,000 shares exercisable at 250p each