1825 completed the acquisition of Grant Thornton’s wealth advisory business.

1825, Standard Life’s wholly-owned financial planning and advice business, completed its acquisition of Grant Thornton’s wealth advisory business. Financial terms were not disclosed. The acquisition increased assets under advice to £5.8bn ($7.5bn) – up £1.7bn ($2.2bn), an increase of over 40%. “As we increase our focus on our strategy to provide high-quality audit, tax, and advisory services to our core markets, it is clear the wealth advisory team’s growth potential would be best delivered by a business focused solely on the financial advice market," Dave Dunckley, Grant Thornton UK CEO.