Wren Sterling has expanded its presence in Scotland through the acquisition of City Financial (Aberdeen) Ltd, a financial advice firm operating across Aberdeen, Ellon and Inverness.
The acquisition brings more than 6,000 clients and £700m in assets under management (AUM) into the Wren Sterling group, raising its total AUM to approximately £11bn. It also marks a doubling of the firm's footprint in Scotland, as Wren Sterling continues its push for national scale. City Financial adds to Wren Sterling's list of acquisitions in 2025, following earlier deals as part of its ongoing buy-and-build strategy. The company said more transactions are in the pipeline as it continues to combine organic growth with targeted acquisitions. Wren Sterling CEO James Twining said: "...
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