National IFA Thomson's 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's name, will have 18
offices nationwide and a turnover of £15m, £11m coming from Thomson's.
Thomson's 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's has branches from Scotland to the South coast.
Redcliffe will merge into the Thomson's Financial Planning arm of the
group which provides tailor-made solutions for personal and corporate
customers, covering pensions, investments, inheritance, retirement and tax
Thomson's Group chief executive Douglas Gardner says: “We have a very
strong reputation as one of the UK's leading IFAs and, by join ing with
Redcliffe Associates, we are adding a market-leading brand and
strengthening Thomson's overall presence in the South-west market.”
Redcliffe Associates founder Tony Gordon says: “Thom- son's Group has one
of the best reputations in the UK and it is a recognised expert in its