Saltus buys Lowes Financial Management

‘Greater negotiation clout’ and tech investment cited as deal drivers

Jen Frost
clock • 2 min read

Saltus has bought Newcastle-based Lowes Financial Management, adding approximately £1bn of assets under advice.

In an update for clients shared on Lowes' website, Ian Lowes, who had served as managing director from 2002, confirmed that the pair of firms had "recently agreed a merger". Ian Lowes said he would be stepping down after 23 years, with the firm's current management team led by Lowes commercial director Barry Hopper and Lowes operations director Claire Lockey to "take the business forward" alongside Saltus management "under the Lowes/Saltus banner". "We are confident that this merger will both help take Lowes to the next level as a business and enable us to continue to develop and deli...

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 Your Business

Recently launched Succession Alliance forms board

Recently launched Succession Alliance forms board

Members include succession specialists from 7IM, MKC Wealth and Quilter

clock 19 March 2026 • 2 min read
All the advice firm acquisitions that have taken place in 2026

All the advice firm acquisitions that have taken place in 2026

Keeping track of the ongoing consolidation in the advice industry

Professional Adviser
clock 19 March 2026 • 1 min read
Editor's view: Conflict trouble, oil and rubble

Editor's view: Conflict trouble, oil and rubble

The editor's Friday Night Takeaway from 13 March

Jen Frost
clock 13 March 2026 • 3 min read