Personal Finance Society director and former president Paul Lothian is setting up a joint-venture wealth management business with an accounting firm.
Verus Chartered Financial co-founders Lothian and Jonathan Gibson have teamed up with Aberdeen accountancy firm Anderson, Anderson & Brown to launch A2+B Wealth.
The firm will focus on high-net-worth investors, businesses, partnerships and trustees and will be fee-based. It will manage wealth based on lifetime cashflow modelling tools and an investment platform white-labelled as A2+B Wealthcare.
Lothian and Gibson are both chartered and certified financial planners. Lothian says: “This is a time of great opportunity for quality financial planning firms and AAB is a well respected and highly successful firm.”
AAB managing partner Mike Brown says: “Expansion into wealth management is a natural progression. Our aim is that A2+B Wealth will becomes the wealth management service of choice for our clients.”