Jack McVitie, chief executive and founder of advice firm LEBC Group, has passed away.
The announcement comes just days after the firm said he was going to take a leave of absence to look after his health.
McVitie founded LEBC in 2000 to focus on widening access to financial advice in the UK. He was chief executive of the LEBC Group and a director of LEBC Holdings as well.
Deeply saddened
Oliver Bogue, chairman of LEBC Holdings, 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.”
