Towry has acquired Aberdeenshire-based advice firm Conclusion Financial Planning for an undisclosed sum.
Conclusion has around 50 clients and £15m of assets under advice. The acquisition will see Conclusion director John Pope and his son Guy move to Towry’s Aberdeen office.
Towry head of wealth advice Andy Cowan says: “Towry has been keen to seek growth opportunities in some of our most important client regions, including in Aberdeenshire, and as such we see Conclusion Financial Planning as an excellent fit for our business. We welcome both John and Guy to the team.”
Conclusion Financial Planning director John Pope says: “We are thrilled to be joining a well-established national advice firm such as Towry. I am sure this move will only serve to benefit our existing clients.”
Earlier this month Towry agreed a deal to acquire Bluefin Personal Consulting for an undisclosed sum. The deal saw Towry take on 1,500 clients with around £500m of assets, as well as 19 advisers and 70 support staff.