Kingswood completes £4m AWM acquisition; looking at nine further deals

£2m up front

clock • 2 min read

Kingswood has completed the acquisition of North Lincolnshire-based financial advice firm Admiral Wealth Management for £4m.

The deal was struck with the cash payable over a two-year period, with £2m to be paid at up front and the balance paid on a deferred basis. The firm's clients are primarily based in Lincolnshire and Yorkshire. It has been led by Peter and Carol Waller and Mike Biggin, with the Wallers resigning. Biggin, alongside senior consultant Adam Harrison, will lead the business under the Kingswood banner. Group CEO Gary Wilder said: "With the acquisition of Admiral Wealth Management in the UK in August and a strong pipeline of UK and international acquisition opportunities, the second half of 2...

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

Craven Street Wealth expands footprint as Pharon IFA joins business

Craven Street Wealth expands footprint as Pharon IFA joins business

It will now serve more than 5,800 clients

Sahar Nazir
clock 25 November 2025 • 2 min read
Autumn Budget 2025: Budget speculation forces clients to put financial decisions on hold

Autumn Budget 2025: Budget speculation forces clients to put financial decisions on hold

‘This year, anything goes’

Professional Adviser
clock 25 November 2025 • 1 min read
HNW inheritance planning: Why international mobility is tearing up the old playbook

HNW inheritance planning: Why international mobility is tearing up the old playbook

'Advisers must also evolve beyond just fulfilling transactional roles'

Marc Acheson
clock 24 November 2025 • 4 min read