Fidelius Group

Cavendish is pleased to announce that it has advised on the significant investment into Fidelius, an independent financial services group, from Söderberg & Partners, one of the Nordic region’s leading financial advisers and brokers of insurance and financial services.

Fidelius, with offices across Bath, Cheltenham, Chelmsford, London and Mansfield, offers a suite of advisory services including wealth management, employee benefit mortgages as well as specialist advice to returning expats. Launched in 1998, Fidelius has grown significantly through both organic and M&A expansion.

The transformational investment, in which Cavendish acted as the advisers to Fidelius, showcases Cavendish’s expertise within wealth, a sector which continues to see substantial levels of investment and consolidation. The transaction is subject to FCA approval. TLT LLP acted as legal advisers to Fidelius.

The deal is one of the largest so far in the UK for Söderberg & Partners as they commit to becoming a top wealth player. Söderberg & Partners will support Fidelius as it invests into smaller entrepreneurial wealth firms who require the correct support and resource in order to realise their true growth potential.

The lead adviser on the transaction was Ben Goldring, Financial Services Partner at Cavendish, assisted by Harry Radburn, James Folger and Lloyd Evans.

Ben Goldring, Partner & Head of Financial Services at Cavendish, commented:

“We are proud to have advised on this deal and it has been a pleasure working with Jim, Ian, Duncan, Chris, Richard, and the whole team at Fidelius. Fidelius has put financial planning at the heart of its client proposition which has enabled it to scale sustainably. I look forward to seeing them continue – indeed accelerate – their growth journey alongside Söderberg & Partners.”