Discretionary fund manager (DFM) IBOSS Asset Management has surpassed £2bn in assets under influence (AUI).
The Harrogate-based DFM said it is benefiting from a larger team and is well positioned for further growth. According to Next Wealth's latest managed portfolio services proposition comparison report, IBOSS is currently the sixth fastest growing DFM by assets and percentage of assets over the past 12 months. IBOSS became part of the Kingswood Group in 2021 in a £16m deal. The transaction meant Kingswood's UK assets under management expected to reach £3bn at the time, with plans to more than double the figure for the next three years. Kingswood chief executive David Lawrence added: "...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
