Söderberg & Partners has acquired a significant minority stake in the UK-based financial services group Fidelius.
The investment, still awaiting approval from the Financial Conduct Authority (FCA), marks a strategic move by Söderberg & Partners to strengthen its presence in the UK advice space.
Fidelius, with a portfolio of services including wealth management, employee benefits, mortgages, and specialised advice for returning expatriates, operates out of offices in Bath, Cheltenham, Chelmsford, London, and Mansfield. Since its launch in 1998, the firm has expanded its reach significantly through both organic growth and mergers and acquisitions.
Jim Grant, chief executive officer of Fidelius, shared his perspective on the partnership: “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.”
Gustaf Rentzhog, chief executive officer at Söderberg & Partners, also expressed confidence in the venture: “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 investment is part of Söderberg & Partners’ broader initiative to expand its advisory services in the UK.
The firm has recently made similar investments in several other UK-based financial advisory businesses, including London wealth manager Vintage and Croydon-based PK Financial.
