Tributes have been paid to LEBC Group founder and chief executive Jack McVitie, who has passed away after a short illness.
McVitie had pioneered an approach to scaled delivery of financial advice through a combination of digital and telephone communication that he described as bionic advice.
He set up the firm 20 years ago.
Educated in Aberdeen, he completed a degree in philosophy at the Gregorian University in Rome, before completing a masters degree in the same subject at the University of Glasgow.
Speaking on behalf of the Board of LEBC Holdings, Chairman Oliver Bogue said: “I speak for everyone at LEBC when I say that we are all deeply saddened by Jack’s death. Jack had guided LEBC with outstanding stewardship for the past 20 years and always acted in the very best interests of the Group’s clients and staff, indeed all stakeholders, putting them at the forefront of all that he did. When Jack and the founding team started LEBC, as long ago as 2000, it had but three branches and a staff of 24; he spearheaded LEBC’s growth, which has seen the business become one of the largest independently owned national IFAs. Jack McVitie will be sorely missed by everyone who knew him, and our thoughts are with his family through this sad time.”
An LEBC spokesperson added: “Jack was unique and held in the highest regard by competitors, clients and colleagues alike. We will continue to build on his legacy to make financial advice accessible to all, and to ensure LEBC Group remains at the forefront of innovation in financial advice.”
Industry mourns death of LEBC founder Jack McVitie
