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Towergate acquires Paramount Group

Towergate Financial has acquired Leeds-based financial adviser Paramount Group Limited.

Paramount has 30 registered individuals and provides advice to the corporate, trusts, medical, family and matrimonial segments.

Managing director Simon Jones and the current directors and management team will remain in their current roles.

Towergate Financial chairman Patrick Snowball says: “Paramount Group is another great signing renowned for a highly qualified and experienced management team and a great group of advisers. As part of our hubs and spokes strategy, Paramount will help drive forward our consolidation plans in the north of England.”

Jones says: “Towergate Financial provides us with the size and scope to build and develop our business, both organically and by way of further acquisitions, whilst also giving our advisers and staff excellent opportunities by being part of a progressive and ambitious company, with real knowledge of the UK financial advice sector.”

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