Skipton acquires IFA Torquil Clark

Torquil Clark is the fourth financial advice company to be acquired by Skipton Group and brings the total number of subsidiaries to 20. The financial advice company employs 120 staff, including 17 advisers offering advice on financial planning, investments, employee benefits, mortgages and life insurance, and has £610m of funds under management. David Cutter, group corporate development director of Skipton, commented: "We already have a strong presence in the IFA market with our existing subsidiaries Skipton Financial Services, Pearson Jones and Parnell Fisher Child, so the fit of Torqu...