Kingswood acquires Hampshire IFA in sixth deal of the year

The business, established for over 35 years, provides financial advice to more than 240 clients in the Surrey and Hampshire region. It has £70m in assets under administration (AUA). The deal follows five UK acquisitions completed during the first half of 2022 - Allots Financial Services, Joseph R Lamb Financial Advisers, DJ Cooke Life and Pensions, AiM Independent Financial Advisers and Vincent & Co. Kingswood's AUA hit £6.8bn in 2021, an increase of 15% from the previous year, with 10% driven by organic growth and 5% through acquisitions, according to the consolidator. Last year, ...