Swedish-based Söderberg & Partners Group has acquired a majority stake in London-based IFA Timothy James & Partners (TJP) from current owner Waverton Investment Management Group, subject to approval from the Financial Conduct Authority.
Söderberg & Partners has also taken a minority stake in Cambridge-based advice firm Dartington Wealth Management and North London-based Chartered financial planner Atherton York. The acquisitions mark the Nordic wealth manager's first major investments in the UK. Söderberg & Partners chief executive and co-founder Gustaf Rentzhog said: "We are not in the business of buying and consolidating. We believe in backing entrepreneurs with a clear vision and helping them realise their goals. "That is exactly what we see in Tim Whiting and the entire team at TJP. Entrepreneurs with a clear ...
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