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

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.

Kingswood Holdings Acquires Admiral Wealth Management Limited

June 17, 2021

Financial Services

Kingswood Holdings, with backing from Pollen Street Capital, has agreed to acquire Admiral Wealth Management Limited for £4.0m subject to regulatory approval. The deal expands Kingswood's advisory team and client base — increasing assets under advice/management to £6.2bn and adding ~600 clients and £100m AUA from Admiral, a seven-person IFA based in North Lincolnshire.

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 Acquires Chalice and Majority Stake in Manhattan Harbor Capital (Forms Kingswood US)

May 5, 2020

Financial Services

Kingswood Holdings Limited has completed the acquisition of Chalice Capital Partners and Chalice Wealth Advisors and taken a majority stake in Manhattan Harbor Capital (which will be rebranded Kingswood US). The transactions combine Chalice and MHC (Benchmark) to create a US wealth management platform with ~180 authorised representatives and roughly $1.8 billion AUM to support Kingswood's US growth strategy.

Wealth Enhancement Group Acquires JOYN Advisors

February 21, 2020

Wealth Management

Wealth Enhancement Group, a Greater Minneapolis-based independent wealth management firm overseeing about $17 billion in client assets, announced the acquisition of JOYN Advisors, Inc., an Atlanta-based registered investment adviser with roughly $1.3 billion in client assets and 35 employees. The deal (financial terms undisclosed) marks Wealth Enhancement Group's first office in the Atlanta area and is expected to close by April 1, 2020.