# ABG Sundal Collier and Nordnet launch private banking venture

> Two Nordic financial firms are joining forces to create a digital-first private banking platform.
- Title: ABG Sundal Collier and Nordnet launch private banking venture
- Summary: Two Nordic financial firms are joining forces to create a digital-first private banking platform. ABG Sundal Collier and Nordnet are combining their…
- Keywords: abg sundal collier, nordnet, private banking, joint venture, nordic region, digital platform, investment banking, sweden, portfolio management, advisory services, business, finance
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/abg-sundal-collier-nordnet-form-111106388.html
- Published: 2026-09-16T11:11:06+00:00
- Read time: 1 min
- Topics: abg sundal collier, nordnet, private banking, joint venture, nordic region, digital platform, investment banking, sweden, portfolio management, advisory services, business, finance
## Two Nordic firms announce partnership
ABG Sundal Collier and Nordnet are forming a jointly owned private banking company. The venture will combine ABGSC's advisory expertise with Nordnet's digital investment platform.
## Sweden launch planned for 2027
The new company will roll out in Sweden in 2027, pending regulatory approval. After that, the partners plan to expand gradually across the Nordic region and other markets where they operate.
## Equal ownership and governance structure
Ownership will be split evenly between both groups, with the board also divided equally plus one independent director. Jonas Ström, former ABGSC chief executive, will chair the company.
## Leadership and initial staffing
Martin Ringberg, previously Nordnet's country manager in Sweden, will serve as CEO. The company will launch with 15 to 20 employees.
## Combining digital and advisory strengths
The business merges ABGSC's discretionary portfolio management and research with Nordnet's digital platform for share dealing, funds, pensions and lending.

> The new partnership brings together the best of both worlds: Nordnet's leading digital platform and ABGSC's expertise in research and portfolio management.
## Strategic fit for both partners
Nordnet aims to expand in advisory services while ABGSC wants to unlock its private banking potential. Together they create a stronger offering than either could alone.

> Together, we can create an offering that is considerably stronger than the sum of its parts.
## Key takeaway

ABG Sundal Collier and Nordnet are combining their strengths in advisory services and digital platforms to build a competitive private banking business across the Nordic region.