The consolidator where 40% of adviser hires in 2022 were women

Kingwood says it wants a business ‘more representative of our society’

Hope William-Smith
clock • 1 min read

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...

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