Schroders to sell Benchmark to Söderberg & Partners

Schroders has agreed to merchantability Benchmark, its UK integrated fiscal proposal business, to Söderberg & Partners.

The transaction marks different measurement successful the plus manager's program to reshape its wealthiness absorption operations.

In March 2025, Schroders said it would simplify the radical and absorption concern connected areas wherever it believes it tin present the strongest semipermanent worth for clients and shareholders.

As portion of that shift, the institution said its wealthiness absorption concern volition beryllium centred connected Cazenove Capital successful the UK and connected Schroders Wealth Management successful planetary markets.

Söderberg & Partners is simply a European wealthiness absorption radical with £108bn successful assets nether advice.

The woody volition besides broaden the existing narration betwixt the 2 companies. Schroders volition go a semipermanent plus absorption spouse to Söderberg & Partners, providing whole-portfolio solutions.

For Benchmark, the merchantability is expected to supply a caller ownership structure, concern and strategical enactment for its adjacent signifier successful the UK proposal market.

Schroders CEO of wealthiness absorption Oliver Gregson said: "This transaction marks different important milestone successful delivering the Wealth Management strategy we acceptable retired successful 2025.

"Benchmark is simply a bully business, and we judge this transaction provides the close ownership, concern and strategical absorption to enactment its people, clients and their success."

Perella Weinberg Partners and Slaughter and May advised Schroders connected the transaction. Fenchurch and White & Case advised Söderberg & Partners.

Söderberg & Partners CEO Gustaf Rentzhog said:"We are pleased to beryllium capable to denote the acquisition of Benchmark, a institution successful which we spot important potential."

"This acquisition is an important portion of the puzzle, and 1 that we judge we tin realise unneurotic with Benchmark."

Söderberg & Partners was founded successful Sweden successful 2004. It is present 1 of the larger providers of wealthiness absorption and firm security services successful the Nordic portion and the Netherlands.

The radical has much than 5,500 employees and offices successful Sweden, Norway, Denmark, Finland, the Netherlands, Luxembourg, Spain and the UK. It entered the UK marketplace successful 2024 and has since been investing successful and processing businesses there.

"Schroders to merchantability Benchmark to Söderberg & Partners" was primitively created and published by Private Banker International, a GlobalData owned brand.