The new company will have offices in London, Leeds and Aberdeen.

A new UK boutique financial planning and wealth management firm called Lockhart Capital Management has been founded by five partners.

Lockhart Capital Management will provide financial planning services to high net worth individuals and families and will give them access to an exclusive private investment office. It will also offer philanthropic services to clients who need help with longer term gifting and charitable giving programmes, the firm said in a statement.

Jon Bowes, Andrew Wilson, Chris Cole, Toby Alcock and Bryan Innes, who have more than 100 years of combined financial planning experience between them, are the founders of Lockhart Capital Management.

The company will have offices in London, Leeds and Aberdeen.

The private investment office will also manage the personal wealth of the founding partners, with clients co-investing alongside them.

“I’m incredibly proud to be working alongside such a talented group of individuals,” said chief executive Jon Bowes. “Between us we have a significant amount of experience and knowledge of the high net worth sector.  We have a bespoke proposition for individuals looking for a more personal service and look forward to introducing our capabilities to future clients.”