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Söderberg & Companions Wealth Administration, the quick rising Scandinavian agency constructing a presence within the UK, has recruited Paul Boston as its new chairman following the demise of former chairman Invoice Vasilieff final yr.
Mr Boston has labored within the wealth administration and recommendation sectors for a few years and was a founding accomplice of Novia Monetary and Copia Capital Administration.
He’s presently director at HT Cash, which gives suggested funding options to shoppers with small portfolios, and can be a director at administration consultancy Wychfield Associates.
He takes over from business platform veteran Invoice Vasilieff, who died unexpectedly final November on the age of 68. It’s believed he had suffered a stroke. Mr Vasilieff was additionally a founding father of Novia.
Nordic wealth supervisor Söderberg & Companions has been steadily constructing a enterprise within the UK and has taken minority stakes in lots of UK Monetary Planning and recommendation companies.
Within the final yr, the group has taken stakes in Bathtub-based advisory agency Fidelius, Tunbridge Wells recommendation agency Courtney Havers, Chartered IFA observe Bespoke-Recommendation, Bigmore Associates, and Clear Monetary Recommendation.
Söderberg & Companions’ chief government Nick Raine stated: “The lack of Invoice Vasilieff leaves large sneakers to fill. I’m delighted that long run colleague and business stalwart Paul Boston will likely be taking up the mantel having stepped up from non-exec director. We sit up for leveraging his expertise and information as we proceed to take our enterprise ahead.”
Mr Boston, who will likely be a non-executive chairman, stated: “I’m delighted to be taking up this position at such an vital time for the enterprise though I clearly want it had been a results of completely different circumstances.
“It has been fascinating to look at the tempo at which Söderberg & Companions’ have made their mark on the UK recommendation market with tons extra to return For me it stands out from the pack by making the adviser completely core, not the mandatory evil to distribute the core. I’m actually trying ahead to supporting the corporate’s administration group with its future plans.”
Söderberg & Companions was based in Sweden in 2004 and is without doubt one of the largest wealth administration and insurance coverage companies within the Nordic area and the Netherlands. It has greater than 4,800 staff and £70bn in Property beneath Administration and Property beneath Recommendation. It has workplaces in Sweden, Norway, Denmark, Finland, the Netherlands, Luxembourg, Spain and the UK.
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