Updated
Updated · White & Case LLP · Jul 9
Söderberg & Partners Buys Benchmark Capital to Expand UK Wealth Business With £108 Billion Platform
Updated
Updated · White & Case LLP · Jul 9

Söderberg & Partners Buys Benchmark Capital to Expand UK Wealth Business With £108 Billion Platform

3 articles · Updated · White & Case LLP · Jul 9

Summary

  • Benchmark Capital, Schroders plc’s UK integrated financial advice business, has been acquired by Söderberg & Partners in a deal positioned as a key step in the buyer’s UK expansion.
  • The acquisition adds scale, capabilities and expertise to Söderberg & Partners’ existing UK platform, supporting a strategy it began building after entering the market in 2024.
  • £108 billion in assets under advice and more than 5,500 employees make Söderberg & Partners one of Europe’s largest wealth management groups, with operations across the Nordics, the Netherlands, Luxembourg, Spain and the UK.
  • White & Case advised Söderberg & Partners on the transaction, with the legal team led by partner Victor Åberg and lawyers across Helsinki, London and Abu Dhabi.

Insights

Schroders exited the UK advice market, so why is it now partnering with the firm that bought it out?
As a foreign giant rapidly buys UK wealth firms, will it create a market leader or an integration nightmare?