Standard Life's advisory business 1825 has bought financial planning firm Jones Sheridan, adding £350m of assets to its books and opening a regional office in the North West.
The acquisition will bring seven advisers and four paraplanners to 1825's 64 financial planning professionals and create a regional base with 30 employees. Jones Sheridan is based in Crewe, where it specialises in retirement planning, wealth management and wealth protection. In total, 1825 will be serving about 9,300 clients with about £3.3bn of assets following the completion of this, and other recently announced deals. Standard Life launched restricted business 1825 in early 2015 in response to regulatory and market changes, such as the pension freedom reforms. The business ...
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