Deals Of The Day: The Latest In Wealth Management M&A – Shackleton Advisers, AC Wealth

Editorial Staff

11 September 2026

has agreed to acquire Aberdein Considine Wealth Limited, the Scottish financial planning firm trading as AC Wealth, from its shareholders.

The deal, which is subject to approval by the Financial Conduct Authority, will add about £800 million ($1.08 billion) in assets under management and advice to Shackleton's business, along with 40 staff, including 14 FCA-authorised financial advisors.

The purchase takes Shackleton's total assets under management and advice in Scotland to more than £1.3 billion, it said in a statement.

AC Wealth was previously the wealth management arm of Aberdein Considine LLP, a Scottish law firm, before becoming an independent limited company in June 2025.

Shackleton is a consolidator of independent financial advice firms in the UK, bringing several established practices together under one group with a shared fee structure.

When the deal is wrapped up, Shackleton will run its Scottish operations from offices in Aberdeen, Glasgow and Edinburgh, with local representation retained in Perth and Stirling. The enlarged Scottish business will be split into two regions, Scotland East, run from Aberdeen, and Scotland West, run from Glasgow. Existing AC Wealth clients will continue to be served by the same advisors and teams, with access to Shackleton's investment capability and platform expected over time.