Schroders-owned adviser acquisition firm Benchmark Capital has hired former Sandringham Partners chief executive Tim Sargisson as the new managing director of its Financial Planning arm.

Tim Sargisson, CEO of Sandringham Partners, is to leave the financial advice firm early next year.

Wealth manager and IFA Sandringham Financial Partners has extended its agreement with Benchmark Capital to use its adviser technology solutions until 2028.

Wealth manager and IFA Sandringham Financial Partners has launched an acquisition programme for financial advisers and planners aiming to retire in the next few years.