Shackleton acquires Hurst Point in £17.5bn deal
Updated: Sep 4
24th April 2026 | Updated 4th September 2026
Deal summary
Shackleton Advisers has completed its acquisition of Argentis Group, formerly Hurst Point Group, following FCA approval. The transaction is Shackleton's largest to date and creates one of the UK's largest independent financial planning firms, with combined assets under advice and management of approximately £17.5bn.
The enlarged group serves more than 44,000 clients across the country, supported by 233 FCA-authorised financial advisers and investment managers, more than 850 employees and 38 offices nationwide.
About Shackleton
Shackleton Advisers is a London-headquartered financial planning and wealth management firm, launched in December 2024 following the rebranding of the Skerritts Group. The firm is led by chief executive Paul Feeney and non-executive chair Andrew Fisher, and has continued to grow through acquisition since Sovereign Capital Partners first invested in Skerritts in 2021. In November 2025, US-based Lee Equity Partners became Shackleton's majority shareholder, succeeding Sovereign Capital Partners.
About Argentis Group
Argentis Group, formerly Hurst Point Group, was established in 2019 with backing from Carlyle to build an integrated UK wealth management business through acquisition. Before completion, the group brought together financial planning businesses including Argentis Wealth Management, Metis Wealth and Active Financial Partners, alongside investment management businesses Gore Browne Investment Management and Hawksmoor Investment Management.
Hurst Point was rebranded as Argentis Group in 2026. Following completion, its financial planning businesses have adopted the Shackleton trading name, while Gore Browne and Hawksmoor will retain their existing brands as standalone discretionary investment management firms.
What happens next?
Argentis Wealth Management, Metis Wealth and Active Financial Partners have been rebranded to Shackleton with immediate effect. Gore Browne Investment Management and Hawksmoor Investment Management will retain their existing brands.
Andrew Fisher remains non-executive chair and Paul Feeney remains chief executive of the combined business. Andrew Westenberger has joined Shackleton’s executive committee, while Carlyle has become a minority investor alongside funds managed by Lee Equity Partners.
Shackleton said there will be no changes to the service provided to clients, the people they deal with or the teams supporting them.
Shackleton's other recent acquisitions
Parallel Financial – June 2026
Shackleton acquired Putney-based independent financial advice firm Parallel Financial, adding approximately £360m in assets and 12 staff, including four advisers.
Arundel Wealth Management – April 2026
Shackleton acquired Surrey-based Arundel Wealth Management, adding more than £200m in assets under advice and management and specialist expertise in advising professional sports clients.
Group Rapport’s Employee Benefits Division – September 2025
Shackleton acquired the trade and assets of Group Rapport’s employee benefits division, adding three staff and more than 130 corporate clients.
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