Editor's View: Making a splash in the UK advice market

The editor's Friday Night Takeaway from 12 January

Hope Coumbe
clock • 1 min read

We always knew Söderberg & Partners was going to make a splash in the UK market.

This week, the Swedish wealth manager announced it had taken a minority stake in two London advice firms - deals which come on the back of four full acquisitions last year. The business has significant backing from global investment firm KKR to fund its adviser proposition acquisition strategy, so I have no doubt we'll see an increasing number of firms move under its influence, or even fully under its umbrella, throughout 2024. Elsewhere, a report published by the Complaints Commissioner made for our look at a case regarding British Steel compensation and the Financial Services Compensat...

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