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

The three latest firms were Cheetham Jackson, Blakes Financial Management, and Active Financial Planners.

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

Söderberg CEO, Gustaf Rentzhog, said: “There is no shortage of high-quality financial advice firms in the UK.

“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.

Active Financial Planners is a chartered financial planning firm based in the North East, with 15 advisers and over £450m in assets under management.

Cheetham Jackson managing director and founder, 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.”

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