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City AM
City AM
UK · 9 mins ago
Schroders sells financial planning arm as it accelerates high net-worth shift
Schroders has agreed to sell its advice business Benchmark Capital to Swedish wealth firm Soderberg & Partners as it accelerates a shift toward wealth management and high net-worth clients. Under the terms of the deal, Schroders will become a long-term asset manager to Soderberg & Partners and exit direct ownership of the financial planning business. [...]
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