Towergate continues IFA acquisition drive

The deal is Towergate’s first since it announced it had raised £108m for its IFA consolidation plans and its sixth of the year to date. Towergate says Mark Howard will remain as managing director under the terms of the deal adding the HNW-focused business will become its East Midlands regional office. Patrick Snowball, chairman of Towergate Financial, says: “We are delighted to welcome Mark Howard and the team of M2 to Towergate Financial. “Our strategy is to build a well capitalised regional advisory business operating under the strong Towergate brand. “M2 is a very successful business...