Tony McLoughlin, a longstanding director at London & Capital, has died after spending nearly three decades in the business.
In a statement on LinkedIn, the wealth management firm said: “It is with great sadness that we announce the passing of Tony McLoughlin, our dear friend and colleague, on Friday 24th May. Tony was surrounded by his loving family in his final moments.
“As the current longest-serving member of the London & Capital family, Tony dedicated almost 30 years to our firm with unwavering commitment and resilience. His presence and contributions will be profoundly missed by everyone who had the privilege of knowing and working with him.”
The business started its life in October 1986, just five weeks after the deregulation of the London financial markets – known as “Big Bang”.
“The Big Bang separated the relationship between adviser and market maker, creating competition among advisers. In the following months, we pioneered a new type of investment service, which was not focused on selling investment products but negotiating the dual responsibilities of managing our clients’ affairs, as well as financial markets.
“In the thirty years since then, we have kept and nurtured this pioneering and entrepreneurial spirit, working in partnership with our clients, many of whom have been with us since our inception in 1986. They entrust us to manage more than $7.7 billion of discretionary assets on their behalf and we’re growing all the time, as investors from all over the world recognise the value of our collaborative approach.”
London & Capital has three offices, in London, Barbados and Barcelona.