Towergate Financial Glasgow managing director Douglas McIntyre is leaving the company at the end of April to set up his own firm. He will be replaced by Towergate Financial Glasgow director Garry Donnelly.
McIntyre was formerly managing director at insurance broker and advice firm MacDonald Reid Scott Group before it was acquired by Towergate in May 2008. He helped integrate MacDonald Reid Scott into Towergate’s financial planning arm.
McIntyre is setting up Loch Fyne Financial Management, specialising in family wealth management. The new firm will also be based in Glasgow.
McIntyre says: “I want to get back to being more involved with client-based work and, this way, I can concentrate on that.”
A Towergate spokesperson says: “Douglas leaves with our blessing. We wish to thank him for his work over the last three years, including helping with the integration of the business.”
In November, Towergate the bought Wetherby advice firm A1 Financial Services after revealing in July it was in talks to acquire four firms.