Söderberg & Partners (Söderberg) has taken a 30% stake in financial planning firm Murphy Wealth, the first Scottish advice business it has invested in.
The investment sees long-term investor Söderberg follow its typical model of taking a minority stake, in this case in the Glasgow-based business. Murphy Wealth has a trademarked "human first" financial planning approach, with the investment set to see this reach a "wider audience", the acquired business shared this morning (16 April). The financial planning business is now expected to look to use artificial intelligence (AI) and machine learning technologies to improve its client service, reduce risk and build on efficiency. Murphy Wealth CEO Adrian Murphy hailed the investment as ...
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