Kingswood Holdings Acquires Admiral Wealth Management Limited

Kingswood Holdings Acquires Regency Investment Services

September 18, 2020

Wealth Management

Kingswood Holdings Limited has acquired Regency Investment Services Limited for a total consideration of £3.45 million, subject to regulatory approval. The deal, funded in part through convertible preference shares subscribed by HSQ Investment Limited (linked to Pollen Street Capital), increases Kingswood's client-facing advisory team and brings approximately £320m of AUA/AUM and ~1,000 clients into the group.

Kingswood Holdings Acquires Sterling Trust

June 25, 2020

Financial Services

Kingswood Holdings Limited has completed the acquisition of Sterling Trust Financial Consulting Limited for total consideration of approximately £17.75m. Sterling Trust is a regional UK wealth manager with about £1.2bn AUM and c.£2.5m run-rate EBITDA; the deal (the third to be funded by Pollen Street Capital) expands Kingswood's regional footprint and adds scale to its wealth management platform.

Kingswood Acquires Four UK Financial Advisory Firms for £22.9m

February 16, 2022

Wealth Management

Kingswood has agreed terms to acquire four bolt-on advisory firms — Joseph R Lamb Independent Financial Advisers Ltd, Allotts Financial Services Limited (AFS), AIM Wealth Holdings Limited (AIM) and DJ Cooke Limited — for a combined purchase price of £22.9m. The acquisitions expand Kingswood's geographical footprint across England, add advisory headcount and increase assets under administration to approximately £9.1bn serving over 19,500 active UK clients.

Kingswood Acquires Strategic Asset Managers Limited

November 15, 2022

Wealth Management

Kingswood has acquired Glasgow-based Strategic Asset Managers Limited, marking Kingswood’s first acquisition in Scotland and bringing the firm’s 2022 total to ten deals. The deal adds three advisors and approximately £200m of assets under advice, expanding Kingswood’s client-facing advisory team and regional presence across the UK and Ireland.

Allworth Financial Acquires Adams Chetwood Wealth Management Group

June 8, 2022

Wealth Management

Allworth Financial has acquired Adams Chetwood Wealth Management Group, a Durham, North Carolina RIA that manages over $300 million in client assets. The deal expands Allworth’s footprint in the Southeastern U.S.; financial terms were not disclosed and Adams Chetwood was represented by Republic Capital Group.

Kingswood U.S. Acquires Nashville-based Eudaimonia Partners and Eudaimonia Advisors

September 1, 2024

Financial Services

Kingswood U.S. has acquired Nashville-based Eudaimonia Partners and Eudaimonia Advisors, two registered investment advisory firms representing more than $1 billion in client assets and 17 advisors. The deal, which closed Sept. 1, 2024, expands Kingswood's presence in the southeastern U.S., adds scale to its RIA business and provides access to Eudaimonia's turnkey asset management platform.