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...

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.

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Greg Cant

Attractive opportunities: Why advice M&A shows no sign of slowing

'This is a great time to be an IFA or wealth manager in the UK'

Greg Cant
clock 31 May 2023 • 3 min read
Sustainable Investment Festival 2023: Up to 12 hours of CPD available!

Sustainable Investment Festival 2023: Up to 12 hours of CPD available!

Just five weeks to go until PA’s annual conference on all things ESG

Professional Adviser
clock 26 May 2023 • 1 min read
Why closing the advice gap is a 'clear market opportunity'

Why closing the advice gap is a 'clear market opportunity'

'The figures make for startling and frankly depressing reading'

Tim Sargisson
clock 24 May 2023 • 3 min read