Standard Life's 1825 acquires Munro Partnership

Deal adds £600m assets under advice

clock • 1 min read

Standard Life's restricted financial planning business 1825 has acquired Scottish IFA Munro Partnership, adding £600m of assets under advice to its books.

Following the completion of the deal, which is expected in July, Munro and will form 1825's base in Scotland, from which the business plans to expand across the region. The deal follows the acquisition of Pearson Jones in May 2015 and the agreement to acquire Norwich-based IFA Almary Green earlier in March, which together bring Standard Life's financial planning community to 59 advisers looking after 8,700 clients with £2.6bn of assets. Established in 1982, Munro has grown to a partnership of Chartered financial planners with three offices across Scotland - Ayr, Glasgow and Hamilton. ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot