Towergate Financial has acquired Wetherby-based A1 Financial Services.
Under the terms of the deal, A1 Financial Services will form part of Towergate's North region under the leadership of regional managing director Simon Jones.
"I was particularly impressed with Towergate's RDR proposition and focus on client service," says A1 Financial Services founder Mel Jones. "This is the right decision for our clients who will now benefit from even great products and service which Towergate Financial can deliver".
The acquisition follows the launch of Towergate's Transition Toolkit in August which provides third party IFAs with a neutrally branded, RDR-aligned customer proposition.
A1 was established thirty years ago and provides pension, mortgage, financial planning and life assurance services.
Three funds to watch