Alan Steel Asset Management

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Linlithgow-based investment advisory firm Alan Steel Asset Management (ASAM) has adopted employee ownership following the wishes of its late founder, Alan Steel. After setting up ASAM in his hometown of Linlithgow in 1975, Mr Steele began looking at a succession plan which coexisted with his values

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Alan Steel, an investment adviser renowned for his straight-talking about the financial industry, has died at age 74. Mr Steel was the first person in the industry to expose the Equitable Life scandal and was also highly critical of any products he considered poor value for money, including endowmen

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