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Towry Law takes over Baker Tilly.

Wealth management firm Towry Law has bought Baker Tilly Financial Services.

BTFS, the financial advisory division of accountancy firm, Baker Tilly, has a nationwide presence and over 20,000 high net worth clients.

Towry Law said it saw the former BTFS operation, already largely fee based, as an ideal fit with its business model.

The acquisition further strengthens the Towry Law business, which has 160 wealth advisers and 500 staff, based in Bracknell, London and across the UK.

Andrew Fisher, chief executive of Towry Law, said: "We are delighted to have secured the acquisition of such a quality business.

"Baker Tilly's financial advisory division is a great strategic fit and brings over 40 highly qualified wealth advisers to Towry Law. It is our publicly stated intention to be the premier wealth manager in the UK and this is another important step towards that eventual goal."
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Title Annotation:Business
Publication:The Birmingham Post (England)
Date:Mar 16, 2007
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