Benchmark Capital snaps up Redbourne Wealth Management

Schroders told PA the firm will become part of Benchmark Capital and not Schroders Personal Wealth, the group's other advice business. Benchmark Capital first purchased a majority stake (67%) in Redbourne in 2018. The acquisition of the remaining 33% stake has completed the full takeover. It is the first in a number of acquisitions expected to complete in 2022 and Benchmark's 26th IFA firm acquisition, the company said. Increasing the number of financial planners to 56, across 8 offices in the UK, Redbourne will form part of Benchmark's national advice business and will add £310m t...