100 employees join SLA's 1825 as Grant Thornton acquisition completes

100 employees move

Sophie King
clock • 2 min read

Standard Life Aberdeen’s advice firm 1825 has completed its acquisition of the wealth advisory business of Grant Thornton.

Standard Life Aberdeen (SLA) has confirmed more than 100 Grant Thornton employees have joined its advice arm, 1825, marking the completion of the acquisition.   SLA described the move as a "significant step" towards its ambition to become a leading advice provider. The purchase is SLA's eighth since 1825's inception four years ago and has increased SLA's assets under advice by 40%. In July, 1825 plans to acquire Grant Thornton. The deal was thought to be worth around £30m but SLA declined to comment on the commercial figure involved.   Grant Thornton's advisory team provides advice...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

How one advice firm's consultancy fee charge 'adds value'

How one advice firm's consultancy fee charge 'adds value'

‘We felt that it isn’t right for us to only be rewarded by making a transactional sale’

Isabel Baxter
clock 01 July 2025 • 4 min read
Investment platform TILLIT to shut down

Investment platform TILLIT to shut down

No new accounts can be opened and it will close on 12 September

Sorin Dojan
clock 26 June 2025 • 1 min read
First Wealth on hunt to acquire like-minded financial planning firms

First Wealth on hunt to acquire like-minded financial planning firms

Follows significant financial backing from Marlborough

Jenna Brown
clock 24 June 2025 • 5 min read