Kingswood purchases Eastleigh-based IFA in fourth acquisition of 2022

Kingswood's fourth purchase in 2022 has taken its UK funds under advice/management to over £7.2bn from circa 19,300 active clients. The firm's assets under administration (AuA) will total over £9.1 billion from a combination of both global retail and institutional clients. Set up in 2000 and run by Phil Watson and Andy Davies, Eastleigh-based Aim serves more than 750 clients throughout Hampshire. The firm has five advisers, including Davies and Watson, and six support colleagues who help look after clients. It has around £217m AuA/M. In the year ending 31 July 2021, Aim generated revenue...