Skerritts adds £230m AUM with Chester adviser acquisition

Second deal under Paul Feeney took reigns at PE-backed firm

Jenna Brown
clock • 1 min read

Chartered financial adviser and wealth manager Skerritts has bought Chester-based planning firm Chadwick McLean adding £230m in assets under management (AUM).

The deal is the second since Paul Feeney took over as chief executive and its eighth since it got £55m in private equity (PE) backing from Sovereign in March 2022. It said its latest deal gave the business a presence in the north west as it looked to accelerate its expansion into the region and nationally. Since its PE investment, the Hove-based advice business has added offices in Kent, Hampshire and London. Feeney said: "I am delighted to welcome the great team at Chadwick McLean to the Skerritts family. This takes us one step closer to achieving our mission of becoming Britain's pr...

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