Towry eyes online services for iPad generation

clock

Wealth management group is close to launching online services for clients, according to a report in the Financial Times.

The restricted advice group, which is in the process of acquiring wealth manager Ashcourt Rowan for £120m having upped its original £97m offer earlier this year, said it is looking to supplement its traditional face-to-face offering. Towry clients will initially be able to see portfolio valuations and make small adjustments, but Towry plans to permit clients to make transactions electronically too, according to the report. Chief executive Rob Devey, who joined the group a year ago, said: "We, like many other wealth managers, have been a face-to-face driven service. "The whole of th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Why the next generation of wealthtech will be built on data lakes

Why the next generation of wealthtech will be built on data lakes

'The objective is not simply data storage; it is continuous regulatory intelligence'

Chris Davies
clock 17 June 2026 • 5 min read
The FCA is opening the door for innovation - advisers should be paying attention

The FCA is opening the door for innovation - advisers should be paying attention

'The FCA's pro-innovation approach can impact on how advisers do business'

Dawid Kotur
clock 16 June 2026 • 4 min read
Advisers turn to DIY AI builds but urged to approach with caution

Advisers turn to DIY AI builds but urged to approach with caution

Debate around whether they should just rely on specialists

Isabel Baxter
clock 12 June 2026 • 4 min read