Towry Law

Towry director and senior client partner Gaius Jones is to join Ashcourt Rowan as chief executive.

Towry has appointed of Ed Colyer from private bank Coutts as manager of products in its client proposition team.

Restricted wealth manager Towry is planning a "busy" year of acquisition, according to its CEO.

Wealth advice firm Towry Group is eyeing further expansion after raising £35m of new equity from two co-investors of private equity firm Palamon - AlpInvest Partners and Honeywell Capital Management.

CONTRACT CHAOS

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 has restructured its advice policy team responsible for the company's centralised investment proposition.

Andrew Fisher, chief executive of wealth manager Towry, has spoken for the first time on the issues surrounding the firm's High Court defeat against Raymond James.

Towry Law is to recruit ex-bank advisers and upscale wealth managers following the Retail Distribution Review (RDR), according to its chief executive.

Towry is expected to close two of its regional offices in Norwich and Londonderry.