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Thomson&#39s swallows up Redcliffe

National IFA Thomson&#39s Group has taken over IFA Redcliffe Associates in a


deal which takes its number of registered individuals to 100 and gives it


blanket UK coverage.


The companies, which will operate under the Thomson&#39s name, will have 18


offices nationwide and a turnover of £15m, £11m coming from Thomson&#39s.


Thomson&#39s says the deal makes it one of the biggest IFAs in the country.


Redcliffe has dominance in the South-west and South Wales with 35 RIs while


Thomson&#39s has branches from Scotland to the South coast.


Redcliffe will merge into the Thomson&#39s Financial Planning arm of the


group which provides tailor-made solutions for personal and corporate


customers, covering pensions, investments, inheritance, retirement and tax


planning.


Thomson&#39s Group chief executive Douglas Gardner says: “We have a very


strong reputation as one of the UK&#39s leading IFAs and, by join ing with


Redcliffe Associates, we are adding a market-leading brand and


strengthening Thomson&#39s overall presence in the South-west market.”


Redcliffe Associates founder Tony Gordon says: “Thom- son&#39s Group has one


of the best reputations in the UK and it is a recognised expert in its


field.”

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