Kingswood acquires Cheshire-based adviser in £12m deal

AUM stands at more than £8.5bn across UK & Ireland

Jenna Brown
clock • 2 min read

Consolidator Kingswood has bought Macclesfield-based advisory business JFP Financial Services for £12.4m in its latest acquisition deal.

The business said it acquired the holding company of the Cheshire advice practice, taking its client-facing advisory team to more than 115 people and funds under management to about £8.5bn across the UK and Ireland. It also announced the completion of the acquisition of JCH Investment Management after regulatory approval. That purchase of the Lincoln-based business was announced on 3 November. Kingswood Group chief executive David Lawrence said: "The acquisition of JFP Holdings will expand our geographical footprint into the North West region and an affluent South Manchester area. ...

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