Skerritts snaps up London firm adding £540m in AUM

Consolidator has snapped up Black Swan Financial Planning

Isabel Baxter
clock • 1 min read

Skerritts has acquired London-based Black Swan Financial Planning.

This acquisition adds £540m to Skerritts' assets under management (AUM) and is its second deal of the week. The firm said it is looking to expand nationally and the latest acquisition is expected to improve Skerritts' presence in the South East of England. Skerritts chief executive Paul Feeney said: "Together, we will uphold our commitment to deliver financial freedom to the people of Britain." "We have spent considerable time looking at companies that would complement us and ensure we are able to continue to offer a great range of services to our clients with the extra resources and ...

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

True Potential refinances £225m as total debt sits at £1.1bn

True Potential refinances £225m as total debt sits at £1.1bn

Firm says most of its debt matures after 2030

Isabel Baxter
clock 20 October 2025 • 2 min read
Rumoured Evelyn/RBC deal would turbocharge market share but large mergers 'notoriously complex'

Rumoured Evelyn/RBC deal would turbocharge market share but large mergers 'notoriously complex'

Sale ‘no surprise’ after Evelyn’s fund and professional services business offload

Isabel Baxter
clock 20 October 2025 • 6 min read
FSCS declares Sheffield IFA failed

FSCS declares Sheffield IFA failed

Two claims received so far against Peter Kettell

Isabel Baxter
clock 20 October 2025 • 2 min read