Kingswood hits £6.2bn AUA as it completes Admiral Wealth deal

Financial planning business acquired for £4m

Pedro Gonçalves
clock • 2 min read

Kingswood has completed its £4m acquisition of Admiral Wealth, a Chartered financial planning firm based in North East Lincolnshire, taking its total assets under advice to £6.2bn.

The transatlantic financial advice consolidator said the deal had also taken its UK client facing advisory team to 66 people and increases its UK funds under advice/management to £4.5bn from some 8,500 active clients. Kingswood Group AuA now totals over £6.2bn from global retail and institutional clients. 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 administration on behalf of roughly 600 active clients. The AIM-li...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Treasury Committee chair welcomes plan to replace Lifetime ISA

Treasury Committee chair welcomes plan to replace Lifetime ISA

LISA is ‘too complex'

Sahar Nazir
clock 28 November 2025 • 2 min read
Advisers warn salary sacrifice cap risks deterring pension saving

Advisers warn salary sacrifice cap risks deterring pension saving

Restriction will raise £4.7bn in 2029/30

Sahar Nazir
clock 27 November 2025 • 3 min read
Advisers on cash ISA allowance cut: Move welcome but education concerns persist

Advisers on cash ISA allowance cut: Move welcome but education concerns persist

Limit cut from £20,000 to £12,000 confirmed in Autumn Budget today

Sahar Nazir
clock 27 November 2025 • 3 min read