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

Angela Rayner resigns after ethics report finds warnings ignored on tax advice

Angela Rayner resigns after ethics report finds warnings ignored on tax advice

Following investigation

Sahar Nazir
clock 05 September 2025 • 2 min read
What will cryptocurrency regulation mean for financial advice?

What will cryptocurrency regulation mean for financial advice?

‘Regulation doesn’t automatically make something a sound investment’

Isabel Baxter
clock 05 September 2025 • 8 min read
Wealth management M&A: Integration is the competitive advantage

Wealth management M&A: Integration is the competitive advantage

'M&A is reshaping UK wealth management at an unprecedented pace'

Jim London
clock 05 September 2025 • 4 min read