Towry eyes online services for iPad generation

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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...

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