Key Takeaways
- • Schroders has sold its financial planning arm Benchmark Capital to Swedish wealth management firm Söderberg & Partners, KKR-backed, concluding a competitive bidding process.
- • The transaction values Benchmark Capital at more than £200 million, marking a significant divestment as Schroders accelerates its strategic shift toward wealth management.
- • Söderberg & Partners emerged victorious from a bidding war, positioning the Swedish firm for expanded operations in the UK financial planning market.
- • The sale reflects Schroders' ongoing portfolio restructuring and strategic repositioning within the broader wealth management landscape.
Summary
Schroders has completed the sale of Benchmark Capital, its financial planning and advice business, to Swedish wealth management firm Söderberg & Partners. The transaction, announced on July 6, 2026, concludes a competitive bidding process in which Söderberg & Partners, backed by KKR, emerged as the successful acquirer. The deal values Benchmark Capital at more than £200 million, according to multiple market sources.
The divestment represents a strategic move by Schroders to reshape its business portfolio and accelerate a shift toward its core wealth management operations. By offloading the financial planning arm, Schroders is refocusing its resources and capabilities on higher-priority business segments, consistent with the firm's broader strategic realignment announced in recent periods.
Söderberg & Partners, the Stockholm-based wealth management firm with KKR backing, expands its UK market presence through this acquisition. The purchase of Benchmark Capital represents a significant entry point for the Nordic wealth manager into the English financial planning sector, positioning it to serve a broader client base across multiple geographies.
The transaction underscores ongoing consolidation within the wealth management and financial advisory sector, where scale, geographic diversification, and specialized capabilities remain key competitive drivers. Schroders will maintain involvement as a long-term asset manager for Benchmark Capital clients, securing continuity for existing client relationships while enabling the firm's broader strategic objectives.
The divestment represents a strategic move by Schroders to reshape its business portfolio and accelerate a shift toward its core wealth management operations. By offloading the financial planning arm, Schroders is refocusing its resources and capabilities on higher-priority business segments, consistent with the firm's broader strategic realignment announced in recent periods.
Söderberg & Partners, the Stockholm-based wealth management firm with KKR backing, expands its UK market presence through this acquisition. The purchase of Benchmark Capital represents a significant entry point for the Nordic wealth manager into the English financial planning sector, positioning it to serve a broader client base across multiple geographies.
The transaction underscores ongoing consolidation within the wealth management and financial advisory sector, where scale, geographic diversification, and specialized capabilities remain key competitive drivers. Schroders will maintain involvement as a long-term asset manager for Benchmark Capital clients, securing continuity for existing client relationships while enabling the firm's broader strategic objectives.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.