Kingswood completes two acquisitions with six more in final stages

AUA stands at £7.9bn

Jenna Brown
clock • 1 min read

Kingswood Holdings has completed the acquisition of Money Matters (North East) and its purchase of Lee Smythe & Associates’ book of assets.

The deals were announced last month and have now received regulatory approval.  David Lawrence, UK CEO at Kingswood, said: "I am thrilled to announce the completion of our second and third acquisitions of 2021 and look forward working with Alastair, Chris, Lee and their teams. "We remain committed to our growth strategy within the UK and internationally and we have a strong pipeline of high-quality UK opportunities under negotiation, six of which are in the exclusive due diligence stage." Third purchase in two weeks: Kingswood acquires North Yorkshire firm for £16m  A note to th...

To continue reading this article...

Join Professional Adviser

  • 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.



Already a Professional Adviser member?


More on Companies

Benchmark seals deals with two more advisory firms

Benchmark seals deals with two more advisory firms

Bought 100% of Advison and 49% of Chartered Independent

Jenna Brown
clock 22 November 2022 • 2 min read
Woodhouse: “Sound financial advice is particularly highly valued in difficult macroeconomic conditions."

Evelyn confident in solid inflows and income despite £4bn AUMA drop

Wealth manager publishes third quarter trading update

Hope William-Smith
clock 07 November 2022 • 2 min read
SJP chief executive Andrew Croft

SJP reports £5bn drop in funds amid modest third quarter flows

Inflows offset by surrenders and investment loss

Kathleen Gallagher
clock 20 October 2022 • 1 min read