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Press Release: Söderberg & Partners takes stake in Fidelius in UK expansion push

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Söderberg & Partners has bought a significant minority stake in financial services group Fidelius for an undisclosed sum as part of its drive to increase its footprint in the UK advice space. The investment is subject to FCA approval.

Fidelius, with offices across Bath, Cheltenham, Chelmsford, London and Mansfield, offers a suite of advisory services including wealth management, employee benefits, mortgages, as well as a specialism in advice to returning expats. Launched in 1998, Fidelius has grown significantly through both organic and M&A expansion.

Commenting on the investment, Jim Grant, CEO of Fidelius said: “In Sӧderberg & Partners we have found a partner who sees the world the same way we do. I am very excited to have Sӧderberg working alongside us to support Fidelius in investing into smaller entrepreneurial firms who require the correct support and resource in order to realise their true growth potential.

It can be hard for financial planning firms to raise quality investment to allow for growth, but with Sӧderberg we can help make this a reality. We look forward to talking to firms, teams or individuals who need a bridge to allow them to build a business focused on growth and future value.

The whole team at Fidelius is incredibly excited about the next phase of our journey and we are delighted to have found Sӧderberg & Partners to work with moving forward.”

Gustaf Rentzhog, Chief Executive Officer at Söderberg & Partners added: “Fidelius is a business with significant upside potential. With a strong brand and an exceptionally experienced management team, I have no doubt that this already successful and growth-oriented business will go from strength to strength.” 

This month Söderberg & Partners announced it had purchased stakes in London wealth manager Vintage and Croydon-based PK Financial. Last year the Swedish financial adviser also took a majority stake in Timothy James & Partners and minority stakes in Cambridge-based Dartington Wealth Management, Generation and Atherton York in North London.

Posted by Fidelius on January 19th 2024

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