Of the adviser recruits made by consolidator Kingswood in 2022, a total 40% were women, latest results show.
Full year results for the transatlantic firm published today (24 May) state it wanted to "build a business more representative of society". "Good progress has been made to address diversity imbalances across the organisation," it added. "40% of UK adviser hires in 2022 were female." The statistic is 21 percentage points higher than in the UK financial advice industry, within which 19% of advisers are female. Ten IFA acquisitions were completed by Kingswood's UK division in 2022 and five were completed in 2021. The 15 acquisitions have added a total of £11.8m additional revenue in 2...
To continue reading this article...
Join Professional Adviser for free
- 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