Swedish wealth manager Söderberg & Partners has made investments into four more UK-based independent financial adviser (IFA) firms.

The four latest firms include Cheetham Jackson, Blakes Financial Management, Active Financial Planners and Murphy Wealth.

Söderberg has a long-term strategy to invest in small and growing UK advice businesses, and the four latest IFA firms have joined more than 20 others in the last coupe of years as the Swedish group looks to expands its presence in the UK market.

CEO at Söderberg, Gustaf Rentzhog, said: “There is no shortage of high-quality financial advice firms in the UK, and we are proud to have found four more standout businesses to support as they grow.

“Investing in small, entrepreneurial financial advice firms which offer outstanding service to their clients is a core part of Söderberg & Partners’ strategy for expansion in the UK.”

Cheetham Jackson, an independent financial planning firm based in Chorley with a further eight offices spread across the North of England, advises on over £775m of client assets while Blakes Financial Management, a firm of IFAs based in Aylesbury, Buckinghamshire, manages over £125m of client assets.

Managing director and founder of Cheetham Jackson, Stuart Jackson, commented: “The strong cultural fit, shared values, and desire to create value for clients through efficient processes and the smart application of technology and automation, made the decision to move forward with Söderberg as our strategic partner a simple one.

“We look forward to accessing their expertise in key areas that will support our growth while we continue to focus on serving clients and delivering meaningful results for them and their families.”

Active Financial Planners is a chartered financial planning firm based in the North East, with 15 advisers and over £450m in assets under management, while Murphy Wealth is a Glasgow-based IFA managing £250m of assets.

Murphy Wealth’s CEO, Adrian Murphy, added: “This investment is about securing our future as an independent company, expanding our reach and ensuring we remain at the forefront of financial planning for decades to come.”

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