Towergate launches personal financial advisory model
Towergate Financial, a new financial advisory business launched under the Towergate brand, has raised over £100m to pursue its plans to acquire regional IFAs. Funding for the deal has largely been provided by The Royal Bank of Scotland, Lloyds TSB Corporate Markets and Towergate management.
Towergate has identified the market opportunity to establish a well capitalised National IFA operating under a strong brand. Chaired by Patrick Snowball, Towergate Financial will use Towergate’s acquisition experience and brand to develop a strong regionally based adviser that compliments the services currently provided to Towergate’s existing customers.
Towergate Financial will provide customers with ongoing advice from high quality advisers who will be supported by market leading technology
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