Hoxton Capital's AUM tops £1.6bn with third IFA buy of the year

International advice firm has acquired Devine Financial Management

Isabel Baxter
clock • 1 min read

Hoxton Capital Management has made its third UK IFA acquisition this year.

The international advice firm has completed the purchase of Devine Financial Management. This acquisition takes Hoxton Capital Management's assets under management to more than £1.6bn. Devine Financial Management operates in London and Southend. It works in the retirement, pensions and investments arena, especially in pension income drawdown, relevant taxation advice and managing client funds within pension, ISA and general investment portfolios. Hoxton Capital Management acquisitions director Thomas Maddison said: "Devine Financial Management has a reputation for delivering exempl...

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

Join

 

Already a Professional Adviser member?

Login

More on Companies

Cardiff firm declared failed by FSCS over investment advice

Cardiff firm declared failed by FSCS over investment advice

Welsh firm Mackie Wealth Management is no longer trading

Isabel Baxter
clock 21 June 2024 • 1 min read
Hargreaves Lansdown receives revised £5.4bn bid from PE consortium

Hargreaves Lansdown receives revised £5.4bn bid from PE consortium

Bid led by private equity consertium CVC Capital Partners

Cristian Angeloni
clock 18 June 2024 • 1 min read
Adviser numbers up at Tatton as it sets £30bn AUM target

Adviser numbers up at Tatton as it sets £30bn AUM target

‘Our IFA community is going from strength to strength’

Isabel Baxter
clock 18 June 2024 • 2 min read