Söderberg & Partners has taken a minority stake in two UK advice firms as it continues to expand in UK financial services market.
The Swedish wealth manager has made an investment in London wealth management firm Vintage and Croydon-based IFA PK Financial. Terms of the deals were not disclosed. Vintage is a group of financial services businesses offering full-service advice to both the corporate and personal market. Its wealth management business has over £1.1bn in funds under management with an employee benefit advice service, private medical brokerage and a small self-administered scheme administration offering. Meanwhile, PK Financial offers independent professional advice to companies and individuals represe...
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