Five ex-Towry colleagues set up boutique wealth manager Lockhart

Lockhart Capital Management has been set up by founding partners Bowes (pictured), Wilson, Chris Cole, Toby Alcock and Bryan Innes, who have more than 100 years of experience between them. Bowes, who worked at Towry as head of client advice and regional office head, spending 12 years at the firm, has been appointed CEO of the firm, while Wilson, who spent 22 years at Towry, has been made CIO. Tilney Bestinvest rebrands as Tilney Group Offices in London, Leeds and Aberdeen have been set up and there will be a limited number of clients for each partner to ensure appropriate levels of...