Swedish advice giant Söderberg & Partners (Söderberg) has backed four more British IFA firms as it continues its expansion into the UK wealth management market.
Söderberg has taken a stake in numerous advice firms since it entered the UK market in April 2023. Its latest clutch of deals sees Nottingham-based George Square, Cheltenham IFA, London-based Bluezone Capital and south east England firm Alexander Bates Campbell (ABC) receive funding. Söderberg CEO Gustaf Rentzhog said: "The UK advice market is a top strategic priority for us and we have identified numerous attractive businesses here in our search for new investment opportunities. "Our minority stakes in George Square, Cheltenham IFA, Bluezone Capital and ABC will support the develo...
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