Castlegate announces alliance with Brooks Macdonald

A Grantham IFA has revealed a partnership with a national rival.

Brooks Macdonald Asset Management Limited (BMAM) has entered into a “strategic alliance” with Grantham’s Castlegate Financial Management

Brooks Macdonald says the deal will allow Castlegate’s clients to access the full expertise of BMAM’s extensive investment capabilities, including its 80-plus strong investment team, through the use of the company’s proven centralised investment process.

Peter Townsend managing director of Castlegate Financial Management said: “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.”

Nick Holmes, managing director of BMAM, said: “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.”