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...
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