Kingswood has completed its £4m acquisition of Admiral Wealth, a chartered financial planning firm based in North East Lincolnshire, bringing its total AuA to over £6.2bn.
The transatlantic financial advice consolidator said the deal brings Kingswood's UK client-facing advisory team to 66 people and increases its UK funds under advice/management to £4.5bn from circa 8,500 active clients. Kingswood Group AuA now totals over £6.2bn from global retail and institutional clients. Kingswood acquires £100m AUA Lincolnshire firm for £4m Admiral provides independent financial advice to individuals and corporates primarily in Lincolnshire and Yorkshire. It currently employs seven people, including two advisers managing about £100m worth of assets under adminis...
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