Adviser solutions provider Benchmark Capital has taken a majority stake in chartered financial planning firm TRPP Wealth Management.
Benchmark, which is part of the Schroders group, and TRPP have worked together closely for several years.
TRPP offers investment and retirement planning as well as a specialist pensions advice service.
Benchmark Capital’s investment will provide “scale and financial security to help drive further expansion of TRPP’s core services to a wider audience”, it said in a statement.
The advice firm has offices in Hampshire and Dorset, and will expand Benchmark Capital’s footprint in the south of England and complements its existing office in Winchester.
Business as usual
David White, group managing director of Benchmark Capital, said: “Benchmark Capital has worked with TRPP for several years and there is a strong cultural fit between the two firms.
“It’s testament to the strength, stability and financial security of Benchmark Capital that we can continue to invest in the highest quality firms in the current uncertain environment.
“We continue with business as usual for our clients and have an un-wavering focus on delivering for them and on our own business objectives.”