'Pioneer' and titan of financial advice Alan Steel dies

Formed his IFA business in 1975

Tom Ellis
clock • 3 min read

Financial advice stalwart Alan Steel has died.

After becoming a financial adviser in 1973, Steel established his advice business Alan Steel Asset Management in May 1975, based in the town of Linlithgow - between Edinburgh and Falkirk. The firm's 10 financial advisers and more than 30 support staff look after more than 3,000 clients and £1bn assets under management.  Alongside his role as a business founder and IFA, Steel was popular in the national and trade press throughout his career. Steel told his Twitter followers his struggles with coronavirus on 22 August. He said: "To all my Twitter followers you may wonder why I've bee...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

Liontrust share price rises following 'surprise' Majedie Asset Management purchase

Liontrust share price rises following 'surprise' Majedie Asset Management purchase

Increases Liontrust's AUM to £42.3bn

Lauren Mason
clock 07 December 2021 • 3 min read
R&M share price rockets 13% as Premier Miton and AssetCo eye up deals

R&M share price rockets 13% as Premier Miton and AssetCo eye up deals

R&M already selling one division to shareholders

clock 23 November 2021 • 2 min read
Invesco in 'early talks' merger with State Street's asset management arm - reports

Invesco in 'early talks' merger with State Street's asset management arm - reports

Follows State Street's deal announcement last week

Mark Battersby
clock 17 September 2021 • 1 min read
Trustpilot