Kingswood buys Rotherham firm in second South Yorkshire deal in a week

International consolidator hits £8bn AUA

Tom Ellis
clock • 1 min read
Kingswood buys Rotherham firm in second South Yorkshire deal in a week

UK and US advice consolidator Kingswood has snapped up its second UK-based advice firm within a week with the purchase of South Yorkshire business Allotts Financial Services.

Rotherham-based AFS has three financial advisers and five support staff who look after more than £140m for 400 clients. The firm generated £790,000 in revenue in the year up to 31 March 2021 and £3...

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