Shackleton Advisers acquires Arundel Wealth Management

Shackleton Advisers has announced the acquisition of financial advice firm, Arundel Wealth Management.

The deal, for an undisclosed amount, will strengthen Shackleton’s specialist capabilities in advising on financial planning matters for clients in the professional sports sector, in which Arundel has noteworthy expertise.

Surrey-based Arundel will expand Shackleton’s presence in the South East and add over £200m in in assets under advice (AUA).

The deal, which saw Shackleton receive buyside assistance provided by Grant Thornton, Brodies, and Ocorian Consulting, is Shackleton’s second acquisition in the space of a week following Hurst Point Group.

Shackleton CEO, Paul Feeney, commented: “We are thrilled to welcome Jon Alexander, David Carroll, Dean Meyer and the rest of the talented team at Arundel to the Shackleton Group. This acquisition enhances our footprint in the South East and aligns perfectly with our ambition to become the most trusted provider of financial advice in the country.

“We recognise and understand the specific needs of many of Arundel’s clients, particularly in the professional sport sector, and we look forward to helping our new colleagues to support their clients.”

Arundel founder, Jon Alexander, added: “Having built our business over some two decades, we carefully considered firms that would complement our unique approach and enable us to continue providing exceptional service to our clients, while also benefiting from the additional resources of a larger group.

“Shackleton shares our high standards and commitment to excellence. Becoming part of Shackleton will allow us to invest in and grow our business, while ensuring our clients are able to benefit from its valuable resources, and its excellent in-house investment team.”

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