How Söderberg aims to dominate the crowded UK platform market

‘We see ourselves integrating well into the financial services tech stack’

Isabel Baxter
clock • 3 min read

Söderberg & Partners Wealth Management sees itself integrating well into the other parts of the UK financial services tech stack, its chief executive Nick Raine says.

Raine heads up the Swedish wealth giant's platform business in the UK, aiming to be "the best platform partner to IFAs in the UK". Söderberg saw an opportunity and believes it was well placed to tap into the £7trn assets of the UK market, according to Raine. "I think the opportunity is the size of the prize," The firm also aims to not just come in as an aggregator or consolidator. "I think those words get used quite widely," Raine said. "We're not going in buying 100% of a firm, it's buying a proportion of a firm, and then saying to them ‘we still want you to grow'." If the a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

ValidPath launches client buyout programme for retiring IFAs

ValidPath launches client buyout programme for retiring IFAs

Designed to help with a ‘comprehensive succession and acquisition solution’

Isabel Baxter
clock 02 July 2025 • 4 min read
How one advice firm's consultancy fee charge 'adds value'

How one advice firm's consultancy fee charge 'adds value'

‘We felt that it isn’t right for us to only be rewarded by making a transactional sale’

Isabel Baxter
clock 01 July 2025 • 4 min read
Evelyn Partners completes sale of fund solutions business

Evelyn Partners completes sale of fund solutions business

75 staff to move over to Thesis

Patrick Brusnahan
clock 01 July 2025 • 1 min read