European wealth management firm Söderberg & Partners has acquired a 30 per cent minority stake in Scotland-based financial planning company Murphy Wealth for an undisclosed amount.

The deal marks Söderberg & Partners’ first investment in a Scotland-based firm and continues its recent activity of investing in UK-based financial advice companies.

Murphy Wealth said the investment would support its long-term growth and technological innovation, while ensuring continuity for its clients.

Furthermore, Murphy Wealth said the partnership would allow it to scale its trademarked ‘Human-First’ financial planning approach to a wider client base.

Söderberg & Partners operates as a long-term minority investor, providing capital, expertise, and technology without getting involved in the day-to-day running of its partner firms.

Its investment aims to support Murphy Wealth in embedding technology, such as AI and machine learning, to enhance client service, reduce risk, and improve efficiency.

“This is the biggest step our firm has ever taken,” stated Murphy Wealth CEO, Adrian Murphy.

“My father started this business 50 years ago, and I’ve spent 20+ years building it – this investment is about securing its future as an independent company, expanding our reach, and ensuring we remain at the forefront of financial planning for decades to come.

“Technology is one of the biggest challenges in wealth management today, and Söderberg & Partners have been investing in AI and machine learning for years. Their expertise will free up our advisers to spend more time with clients, develop our team faster, and future-proof our business.

“The fact that Söderberg has chosen Murphy Wealth as their first investment in Scotland is a testament to the work we have done over the years. This is about continuity, stability, and security – ensuring that we can compete with anyone at any scale while staying true to what makes us different.

“They’re investing in people, not looking to run financial planning firms. They believe in our vision, our clients, and our brand – and they want to help us take it to the next level.”

Söderberg & Partners manages more than £85bn of assets and has invested in 100 firms across Scandinavia and 25 in the UK, including three earlier this year.

With the investment in place, Murphy Wealth’s immediate focus will be on embedding new technology over the next two years before exploring further expansion opportunities.

Commenting on its first investment in Scotland, Söderberg & Partners chief executive officer, Gustaf Rentzhog, said: “We are thrilled to have made an investment in Murphy Wealth, recognising the great potential in the business.

“Murphy Wealth boasts strong, longstanding client relationships and outstanding service which leaves it well placed to grow in a competitive advice space. We are excited to see how we can support the firm in the future as partners.”

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