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

Financial planning business acquired for £4m

Pedro Gonçalves
clock • 2 min read
Admiral Wealth Management made a £600k profit in the 2019-2020 financial year.
Image:

Admiral Wealth Management made a £600k profit in the 2019-2020 financial year.

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...

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