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

Bain Capital in the lineup to buy Amber River – report

Bain Capital in the lineup to buy Amber River – report

Network put up for sale by current owner Penta Capital

Isabel Baxter
clock 18 September 2025 • 2 min read
True Potential WM posts £243m operating loss for 2024 after client transfer Skilled Person review

True Potential WM posts £243m operating loss for 2024 after client transfer Skilled Person review

Exceptional costs of £250m

Sahar Nazir
clock 17 September 2025 • 4 min read
Walker Crips Financial Planning doubles down on boutique strategy as adviser hires drive growth

Walker Crips Financial Planning doubles down on boutique strategy as adviser hires drive growth

Adviser growth, not acquisitions, driving development

Sahar Nazir
clock 17 September 2025 • 2 min read