IFA in newspaper appeal to Bluefin clients

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A Newcastle-based financial planner has taken out a series of newspaper advertisements in a bid to attract the "abandoned" clients of Bluefin advisers previously working out of the IFA's now-closed Newcastle office.

Ian Lowes, managing director of Lowes Financial Management, said he has bought full-page adverts in the Newcastle Journal appealing to what he estimates is about 10,000 clients who may now find themselves without an adviser. Axa-owned Bluefin Advisery Services closed its Newcastle wealth management office last month. At the time it said the office's seven staff -comprising three financial planners and four support staff - would relocate to Harrogate to provide a more "joined-up" approach for clients. But it is understood they have been placed in a consultation process and may lose ...

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