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...

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

Join

 

Already a Professional Adviser member?

Login

More on Adviser tips

Editor's View: Looking back at the week that was PA360

Editor's View: Looking back at the week that was PA360

The editor's Friday Night Takeaway from 26 April

Hope Coumbe
clock 26 April 2024 • 1 min read
Editor's View: The consolidation news keeps on coming

Editor's View: The consolidation news keeps on coming

The editor's Friday Night Takeaway from 19 April

Hope Coumbe
clock 19 April 2024 • 1 min read
IFAs must grasp gender differences to grow female client base

IFAs must grasp gender differences to grow female client base

IFAs must communicate differently to build trust with female clients

Jenna Brown
clock 17 April 2024 • 2 min read