Kingswood completes acquisition of Dublin-based advice firm      

Seventh deal of 2022 adds £633m in assets under advice

Julia Bahr
clock • 1 min read

Transatlantic consolidator Kingswood has completed the acquisition of Dublin-based advice firm Moloney Investments (MMPI).

Kingswood announced the deal last September and revealed back then that it would acquire 70% of MMPI for £23m. It also confirmed that the remaining 30% would be retained by existing shareholders. The deal represented the firm's seventh acquisition in 2022. It added £633m in assets under advice (AUA), which took its funds under advice to over £7.8bn across the UK and Ireland. The Irish firm will continue to operate from its exiting premises and be led by the same team that has served its clients since inception. Kingswood Group chief executive David Lawrence said at the time the £40...

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 Your Business

Financial adviser 2.0: How the role of IFA is changing

Financial adviser 2.0: How the role of IFA is changing

Who still wants to be a financial adviser?

Nneka Orji
clock 14 September 2023 • 5 min read
Saltus launches tech-led partnership programme for 'ambitious' IFAs

Saltus launches tech-led partnership programme for 'ambitious' IFAs

Network business model is 'broken and unsustainable'

Jenna Brown
clock 12 September 2023 • 3 min read
The new Bracknell office

Evelyn Partners relocates Bracknell team to new sustainable office

Office location to be part of sustainable business park

Isabel Baxter
clock 07 September 2023 • 1 min read