Swedish wealth manager Söderberg & Partners has made investments in four more UK independent financial adviser (IFA) firms as it expands its presence in the UK market.

The firms include Tunbridge Wells-based firm Courtney Havers, as well as Bespoke-Advice Ltd, a chartered IFA practice of 30 people advising on £630m of client assets.

Söderberg has also invested in Clear Financial Advice, which manages £120m of assets, and Bigmore Associates, based in Walton-on-Thames

Last year, Söderberg announced it had made investments in three other advice firms – Timothy James & Partners, Dartington Wealth Management, and Atherton York – marking the Swedish firm’s first major investments in the UK, before it acquired a minority stake in London-based Generation Financial Services.

So far this year, Söderberg has also revealed plans to buy a significant minority stake in Bath-based advisory firm Fidelius for an undisclosed sum and invested in London wealth manager Vintage and Croydon-based PK Financial.

The four latest additions mean Söderberg has now made investments into a total of 11 UK advice firms.

“We are not a consolidator, rather our goal is to support passionate entrepreneurs to achieve their vision for their advice businesses,” CEO at Söderberg & Partners, Gustaf Rentzhog, said.

“In the UK we have found many strong examples of fantastic businesses which deliver outstanding outcomes to their clients, and we are pleased to back them with our scale and resources.”

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