Söderberg & Partners Wealth Management has appointed Paul Boston to its board in the role of chairman, succeeding former chairman and industry veteran Bill Vasilieff, who passed away last year at the age of 68.
Boston (pictured) has long experience in the wealth management and advice space. He was a founding partner of Novia Financial and Copia Capital Management.
He is currently director at HT Money, which provides advised investment solutions to clients with small portfolios, and a director at management consultancy Wychfield Associates.
Nordic wealth manager Söderberg & Partners said it has been steadily building its presence in the UK marketplace by taking minority stakes in a range of advice businesses.
Within the last year, the group has taken stakes in Bath-based advisory firm Fidelius; Tunbridge Wells advice firm Courtney Havers; Chartered IFA practice Bespoke-Advice; Bigmore Associates; and Clear Financial Advice. It supports these firms with a “technology-driven approach which improves operational efficiency and the client experience”.
Söderberg & Partners’ chief executive Nick Raine said: “The loss of Bill Vasilieff leaves big shoes to fill. I am delighted that long term colleague and industry stalwart Paul Boston will be taking on the mantel having stepped up from non exec director. We look forward to leveraging his experience and knowledge as we continue to take our business forward.”
Non-executive chairman Paul Boston added: “I am delighted to be taking on this role at such an important time for the business although I clearly wish it had been a result of different circumstances. It has been fascinating to watch the pace at which Söderberg & Partners’ have made their mark on the UK advice marketplace with lots more to come For me it stands out from the pack by making the adviser absolutely core, not the necessary evil to distribute the core. I am really looking forward to supporting the company’s management team with its future plans.”
