Shackleton buys London advice firm

Focus on creative and media professionals

Sophia Panayi
clock • 2 min read

Shackleton has acquired London-based financial advice firm Parallel Financial (Parallel) as part of its ongoing nationwide expansion.

Parallel advises on financial planning matters for clients in the creative, media, art, film, TV and technology sectors. Shackleton's addition of Parallel, which has already received approval from the Financial Conduct Authority, adds a further £360m in AUMA and 12 members of staff, including four advisers. Shackleton CEO Paul Feeney said: "Our country has long been recognised as a global leader in the creative industries; as Britain's financial adviser, this acquisition positions us exceptionally well to serve the specific needs of clients in fields such as the media and performing a...

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

Investment platform and ISA manager declared failed by FSCS

Investment platform and ISA manager declared failed by FSCS

Business Agent, trading as NextCrowd and NextFin

Isabel Baxter
clock 15 June 2026 • 2 min read
Pave Finance CEO eyes UK ties, warns on private markets 'conflicts'

Pave Finance CEO eyes UK ties, warns on private markets 'conflicts'

Pave Finance CEO Chris Ainsworth

Sophia Panayi
clock 15 June 2026 • 3 min read
Cross-border financial planning firm launches for British expatriates

Cross-border financial planning firm launches for British expatriates

AAF Financial Planning Europe launches today

Sophia Panayi
clock 15 June 2026 • 1 min read