SLA confirms ongoing acquisition of Grant Thornton advisory arm

34 financial planners to join 1825

Standard Life Aberdeen's advice business 1825 is set to acquire the wealth advisory arm of Grant Thornton.

The move will see more than 100 employees, including 34 financial planners, join the business. The deal is thought to be worth around £30m although SLA declined to comment on the commercial figure involved.  Rumours of the acquisition began to circulate early last month but today's news is the first time the two businesses confirmed the deal, which is expected to complete in the final quarter of 2019, is going ahead. Grant Thornton's advisory team provides advice on all aspects of financial planning, including family and business finance. As well as the UK-wide financial planning team...