Wealth manager Towry inherited a "train wreck" when it acquired advisory firm Edward Jones in 2009, but it should have done more to "win the hearts and minds" of its new staff, its chief executive Andrew Fisher has said.
Wealth adviser Towry has completed a £47.3m refinancing package with lenders Macquarie and Royal Bank of Scotland, in order to streamline the business ahead of a possible IPO.
Towry’s High Court defeat has sparked fresh calls for industry consensus on restrictive covenants. Alasdair Pal takes a look at what future adviser contracts might look like.
Two of the seven Raymond James advisers yesterday cleared of soliciting rival Towry's clients have reiterated claims the company acquired their previous employer, Edward Jones, mainly to "churn" customers into its in-house investment management service....
A judge has branded Towry CEO Andrew Fisher as "unnecessarily argumentative" and criticised his abrasive and confrontational style.
Wealth manager Raymond James today won what may prove to be a landmark court case against rival Towry, which had accused seven Raymond James advisers of unlawfully soliciting its clients.
A former Edward Jones adviser has filed an official complaint against the Financial Services Authority (FSA), accusing it of poorly regulating Towry Law.
Fee-based wealth adviser Towry today announces a 60% jump in H1 revenues compared with the first half of last year.
Good on Towry Law for fighting back, says Bradbury Hamilton MD Sheriar Bradbury...
Towry Law has been granted an interim injunction against six former Edward Jones advisers accused of soliciting its clients.