Towry, a UK-based wealth adviser, has opened a new office in Cardiff, as part of its strategy to strengthen footprint in the country.

A group of 15 employees including six wealth advisers have been hired to operate from this new office.

In addition, Cardiff has selected Julie Lord as a senior client partner operating from the Cardiff office, who has worked as a president for the Institute of Financial Planning (IFP).

Earlier, Towry used to offer financial planning and investment services in the Cardiff area under the Bluefin brand, which it purchased in September last year.

With the newest office opening in Cardiff, together with another new office in Knutsford, Towry currently manages 21 offices throughout the country administrating approximately £6billion in client assets.

Towry wealth advice head Andy Cowan was quoted by moneymarketing.co.uk as saying, "We are pleased to announce Julie Lord’s appointment as senior client partner. It is great news for Towry to have someone with her expertise and leadership skills."

"Clients in Cardiff and the surrounding area are now able to benefit from the broad range of financial planning and wealth management services that Towry offers," Lord said.