Söderberg & Partners continues UK expansion with fourth deal of 2023

Swedish firm takes minority stake in London-based planner

Jenna Brown
clock • 1 min read

Söderberg & Partners has taken a minority stake in Generation Financial Services, a London-based financial planning business.

The deal is the fourth IFA acquisition this year for the Swedish wealth manager. Earlier this year it acquired a majority stake in Timothy James & Partners, and minority stakes in Cambridge-based Dartington Wealth Management and Atherton York in North London.  The business previously secured significant backing from global investment firm KKR to fund its adviser proposition acquisition strategy. Terms of the Generation Financial Services deal were not disclosed. The advisory business also operates Generation Wealth Management, Generation Employee Benefits and Generation Charity Consul...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

Howden Employee Benefits COO expands remit following Barnett Waddingham deal

Howden Employee Benefits COO expands remit following Barnett Waddingham deal

Supporting UK and international growth ambitions

Jaskeet Briah
clock 17 September 2026 • 2 min read
Most client meetings happen without one of the advised couple present

Most client meetings happen without one of the advised couple present

More than half of clients said they hold the adviser relationship in their name only

Laura Miller
clock 17 September 2026 • 2 min read
Mortgage and insurance firm Campden Brook launches

Mortgage and insurance firm Campden Brook launches

Developing its own route into the profession

Jaskeet Briah
clock 16 September 2026 • 2 min read