Brooks Macdonald Asset Management (BMAM) has entered into a strategic alliance with IFA firm Castlegate Financial Management.
The structure of the alliance will allow Castlegate's clients to retain their existing service, while taking advantage of BMAM's institutional buying power and market access. BMAM is listed on Castlegate's panel of DFMs, and the IFA's clients will gain access to BMAM's full range of investment capabilities, including its investment team. Brooks Macdonald reports 6% profits boost despite losses in funds arm Peter Townsend, MD at Castlegate, said: "Access to Brooks Macdonald's track record and investment process and governance will establish these new services we are able to provide...
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