Shackleton has entered into an agreement to acquire Hurst Point Group (Hurst Point) in a deal that will create one of the UK’s largest independent financial planning firms.
The transaction announcement confirmed by Shackleton today (24 April) marks the largest acquisition in the firm's history and will result in a combined business with approximately £17.5bn in assets under advice and management. Financial terms of the deal have not been disclosed, and it remains subject to regulatory approval. The acquisition includes both Hurst Point's financial planning and investment management operations, which Shackleton said will significantly expand its scale and national footprint. Following completion, Andrew Fisher will continue as non-executive chair, whil...
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