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Towergate Financial selects Cofunds to power its Choice Platform

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News - Funds
Wednesday, 11 November 2009 15:05

Towergate Financial, the financial advisory business of the Towergate Group, has announced that it has selected leading independent investment platform Cofunds to power its Choice Platform, which is a key part of its new Private Client Toolkit.

The platform, which is scheduled to be rolled-out by the end of 2009, has been specifically designed as a core platform solution for Towergate’s retail clients. The Choice platform sits alongside the firm’s Wealth platform for mid to high net worth clients.

Towergate Financial selected Cofunds following a rigorous selection process.  Cofunds was selected because of its access to funds, its multiple tax wrapper environment and proven ability to handle high volume business.

Towergate Financial Chief Executive Ian Darby said, “Our Choice Platform forms a key part of our Private Client Toolkit which we believe will be the best of breed in the market. These are exciting times for Towergate Financial where we are building a business which boasts innovative investment solutions combined with recruiting the very best talent.”

Dan Saulter, Business Development Director at Towergate Financial added, “Our Choice and Wealth platforms are the core of our Private Client Toolkit and enables us to offer a consistent brand and message to our clients.  Our Toolkit will make it even more attractive for firms and advisers wishing to be part of our ambitions plans for growth and success.”

Alastair Conway, Marketing & Proposition Director at Cofunds commented, “We are delighted to be working closely with Towergate Financial, in particular, our expertise in efficiently managing asset consolidation for investors will quickly help Towergate clients to benefit from being able to see one clear picture of their wealth - something which more than ever, research shows investors value.”

 

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