Söderberg & Partners Retains Majority Stake Following TJP and Fidelius Merger
- Chapters Capital
- Jun 18
- 2 min read
18th June 2025
It has been confirmed that Söderberg & Partners, the Swedish wealth manager, will retain a majority stake in the newly merged entity of Timothy James & Partners (TJP) and Fidelius. This follows the recently announced merger, in which no shares were exchanged, allowing Söderberg, TJP’s majority owner since 2023 to maintain its controlling interest.
While TJP is now part of the Fidelius group, it will continue to use its own name, leadership team, and branding. This decision reflects a strategic plan to preserve TJP's identity while benefiting from shared infrastructure and enhanced capabilities. Such a structure illustrates a growing trend in the advisory market, enabling local brand continuity within larger, strategically aligned frameworks.
The merger increased the combined business's assets under management to over £3bn and included 50 advisers with offices located in London, Bath, Cheltenham, Chelmsford, and Nottingham. Fidelius, which rebranded earlier this year, aims to double its assets under management by 2029. It targets a diverse client base that includes SME owners, medical and legal professionals, and clients from the arts and media sectors.
The clarity around ownership adds an extra layer of interest for industry observers. Söderberg & Partners' choice to maintain its stake rather than exit or dilute it demonstrates confidence in the long-term value of the merger and the strategic potential of consolidation within the UK advisory market. For Fidelius, this decision indicates a growth strategy that balances operational integration with respect for its partners' capital structures and legacy positions.
In the context of recent mergers and acquisitions, such as Saltus’s acquisition of Delta, Bain Capital’s investment in Openwork, and the merger between Mattioli Woods and Kingswood, this deal reflects an increasingly sophisticated market where scale, structure, and identity play crucial roles in shaping sustainable consolidation.
At Chapters Capital, we specialise in financial planning and wealth management M&A and understand the importance of strategic acquisitions for growth. Whether you are considering a sale, merger, or expansion or want to learn more about buyers in the space, please contact one of our professional associates today for a confidential, no-obligation consultation.
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