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Investment Quorum directors buy firm following CEO departure

Lee RobertsonThree senior staff at Investment Quorum have completed a full management buyout of the firm which will see founder and chief executive Lee Robertson step down.

Director of private clients Petronella West, chief investment officer Peter Lowman, and wealth manager Nicholas Rolf form the buyout group, with all staff at the London-based advice firm also becoming shareholders.

Robertson founded Investment Quorum in 2000 and will remain with the firm in a consulting capacity, while West will assume the position of chief executive officer.

Speaking to Money Marketing, West says the sale is “the best possible outcome” for Investment Quorum clients who will benefit from the reassurance of the longevity of the firm’s staff.

Robertson will take on a mixture of non-executive and consultancy opportunities and is preparing for the launch of an online business within the financial services space toward the end of the year.

Should you sell your firm to your own staff?

He says: “Deciding to step down as the strategic leader of the firm has been an incredibly difficult decision to make. I will, however, continue to provide strategic consultancy and guidance to the management team for the foreseeable future. I am confident that I am leaving the business in safe hands and that it will continue to serve our clients well in the years ahead.”

West says Robertson’s departure had been “discussed for some time” at the firm, as buyout details had to be arranged between Investment Quorum and shareholder Tilney Group.

Investment Quorum is also in the final stages of a new acquisition to be announced within four months.


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  1. […] Robertson stepped down from Investment Quorum as as part of a full management buyout that sees the advice firm split between new chief executive Petronella West, chief investment officer Peter Lowman, and wealth manager Nicholas Rolf. […]

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