Standard Life's financial planning business announces third acquisition within three weeks.

1825 today announces it has entered into an agreement to acquire Baigrie Davies with assets under advice of around £400m. This follows the recent agreements to acquire Almary Green in East Anglia and Munro Partnership in Scotland.

Baigrie Davies will form 1825's London regional office, with 30 employees, including 11 financial planners and 5 paraplanners. On completion of this acquisition and those of Almary Green and Munro Partnership, Standard Life will have 70 financial planners advising 9,400 clients on £3.0bn of their assets.

Baigrie Davies is a highly respected business with both a Financial Planning business serving private individuals and their families and a Corporate Services business serving employers and their workforces.

Ian Howe, Baigrie Davies' Managing Director, will continue to run the business and will be responsible for 1825's London office. He will also join the 1825 Executive Committee.

On completion, founder Arthur Davies will remain with the business, his co-founder Tom Baigrie will leave to concentrate on his other business LifeSearch, one of the UK's leading protection brokers.

Ian Howe, Baigrie Davies' Managing Director, said:

"Becoming part of 1825 is the natural next phase in the evolution of our business. We've taken Baigrie Davies to a point where we feel more resource is needed to continue to grow the business and provide the best possible proposition and service to our clients. Being able to tap into the scale and resources of 1825 is such a compelling opportunity for our team and our clients".

"Crucially, the 1825 client proposition maintains our total focus on financial planning and improving client outcomes with integrity and in a transparent manner."

Steve Murray, 1825 CEO, said:

"Baigrie Davies is a high quality firm with a team of talented, professional and dedicated individuals. Being one of the early adopters of Standard Life's Wrap platform, we have a long-standing relationship with Baigrie Davies. As a CISI Accredited Planning business, they are extremely well respected within the profession".

"Establishing a further presence in London is important to our ambition of building a financial planning business of significant scale so we're delighted to welcome the Baigrie Davies team to 1825".

The transaction is expected to complete in Q3 2016 subject to certain conditions being satisfied, including receipt of regulatory approvals.

For further information, contact:

Leanne McCormick
PR Manager
Standard Life
 0131 245 2504

Notes to editors

About 1825

•Standard Life launched 1825 in February 2015 in response to fundamental regulatory and market changes that are driving unprecedented client demand for financial planning.
•1825 is a financial planning business with offices in Edinburgh, Leeds, Sheffield, Bishop Auckland and Reading.
•On 15 March 2016, 1825 announced they had reached an agreement to acquire Almary Green in Norwich. The transaction is also expected to complete in the first half of 2016, subject to certain conditions being satisfied, including receipt of regulatory approvals.
•On 21 March 2016, 1825 announced plans to acquire Munro Partnership based in the West of Scotland. The transaction is also expected to complete in the first half of 2016, subject to certain conditions being satisfied, including receipt of regulatory approvals.
•1825 offers a full financial planning and personal tax advice service which is focused on client goals.  Combined with a wide range of investment options, powered by globally renowned experts, and access to technology solutions, clients are able to access support how and when they need it.
•By understanding its customers, investing in technology and offering innovative solutions to meet clients’ needs, 1825 is making it easier for people to plan their finances and feel more confident about the future.
•1825 is wholly-owned by Standard Life plc and will grow to be a UK-wide financial planning business through organic growth and acquisition.
•To help clients find out more about financial planning, 1825 provides information at
•You can follow 1825 in the UK on Twitter @1825

About Baigrie Davies

•Baigrie Davies was established in 1986 and incorporates two overlapping business units. Its Financial Planning business, serving private individuals and their families; and its Corporate Services business, serving employers and their workforces.
•At the core of the business's culture is the certainty that putting client outcomes ahead of any commercial relationship is vital in establishing trusted and long-term client relationships that deliver genuine value. Complete transparency of charging and proposition underpins the professional relationship it has with clients.
•Over the last 10 years, Baigrie Davies has won 12 prestigious awards and accolades, recognising the excellence of its planning for clients, investment process and professional quality of its team.
•Based in the City of London, Baigrie Davies employs 30 individuals, 11 of which are authorised to give regulated advice. The business looks after c. £400m of client assets on behalf of private individuals and families and also looks after employee benefits for 68 businesses.

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