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

Wealth firm declared in default by FSCS over pensions advice

Wealth firm declared in default by FSCS over pensions advice

One complaint upheld against Intelligent Wealth Management Partnership

Isabel Baxter
clock 01 November 2024 • 1 min read
Hargreaves Lansdown flows slow following PE takeover deal

Hargreaves Lansdown flows slow following PE takeover deal

CEO says firm is ‘particularly mindful’ of upcoming Budget

Valeria Martinez
clock 29 October 2024 • 2 min read
Rosemount adds eight advice firms in a quarter

Rosemount adds eight advice firms in a quarter

CEO argues advisers often ‘feel overlooked and treated as a number’ in other networks

Jen Frost
clock 29 October 2024 • 2 min read