Acquisitive Swedish wealth manager Söderberg & Partners has bought Financial Planning solutions provider Benchmark Capital from Schroders for an undisclosed sum.
Schroders has agreed to a takeover by US investment manager Nuveen in a deal worth £9.9bn ($13.5bn).
Financial Planning solutions provider Benchmark Capital, owned by Schroders, has acquired two advice businesses Caroline Banks & Associates (CB&A) and Verum Financial LLP (Verum).
Vanguard has appointed Gillian Hepburn as head of adviser solutions in the UK as it looks to broaden its adviser solutions offering.
Financial Planning solutions provider Benchmark Capital, owned by Schroders, has bought the remaining minority stake in Harrogate-based Oculus Wealth Management for an undisclosed sum.
