The alliance will allow Castlegate’s clients to access the expertise of BMAM’s investment capabilities including its 80-plus strong investment team, through the use of its centralised investment process.
The structure of the alliance, which includes BMAM on Castlegate’s panel of DFMs, will allow Castlegate’s clients to retain the same level of service from their local IFA, while benefitting from BMAM’s institutional buying power and market access, according to the companies.
“Access to Brooks Macdonald’s track record and investment process and governance will establish these new services we are able to provide to our clients. In forming this strategic alliance, we have established a combined investment and advisory proposition that truly sets us apart from the competition,” said Peter Townsend, managing director of Castlegate Financial Management.
“At Brooks Macdonald we are strong believers in the mutual benefits of strategic alliances. We have been particularly impressed with Castlegate’s approach to working with its clients and are confident that this partnership will enhance their service offering,” said Nick Holmes, managing director of BMAM.
