Shackleton has acquired IM Asset Management (IMAM) and its subsidiary, TWP Wealth, from the Irwin Mitchell Group, launching a new Personal Injury and Court of Protection Division aimed at supporting clients with life-changing injuries. The transaction is pending approval from the Financial Conduct Authority.
The move brings approximately £1.4 billion in funds under management and advice into Shackleton’s portfolio. IMAM, which operates across Sheffield, Leeds, Newcastle, Manchester, Birmingham, and London, manages the majority of these assets internally. TWP Wealth, based in Alderley Edge, Manchester, will retain its focus on high-net-worth financial planning under the Shackleton brand.
The acquisition strengthens Shackleton’s regional footprint in Yorkshire and the North West, while expanding its specialist capabilities in injury-related financial planning. The deal adds 88 professionals, including 20 financial advisers, to the firm, with IMAM CEO Stewart Sanderson joining Shackleton’s executive committee.
Shackleton, a chartered financial adviser and wealth manager headquartered in London, is positioning this acquisition as part of its broader strategy to grow its nationwide advisory services.
