Bestinvest recruits to meet a dvice demand surge

Senior investment adviser Adrian Lowcock says the business is seeking upward of five "full financial planning" advisers as well as at least two investment managers, who cater only for clients with portfolios valued at £250,000 or more. It follows strong business figures for the firm in Q1, demonstrated by an 8.7% jump in ISA sales for the last tax year compared with 2007/8. "We're looking to strengthen our discretionary management proposition," Lowcock says. "What we're seeing now is similar to what happened in 2003 and the dotcom bubble. "There was a drop in people seeking advice beca...