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

Why good advice relies on asking difficult questions

Why good advice relies on asking difficult questions

Difficult questions a 'core feature' of good advice

Ahmed Bawa
clock 21 November 2025 • 4 min read
Advice firm revenues hit £6bn in 2024 but job numbers fall

Advice firm revenues hit £6bn in 2024 but job numbers fall

Retail investment adviser posts across all firms fell to 37,441

Isabel Baxter
clock 21 November 2025 • 2 min read
Feel Good Friday: Castlefield sponsors and takes part in annual sleepout

Feel Good Friday: Castlefield sponsors and takes part in annual sleepout

Event has raised £28,334 so far

Professional Adviser
clock 21 November 2025 • 1 min read