The transactions boosts Kingswood’s global funds under advice/management to £11.3bn matching our ambition to grow as an international fully integrated wealth and investment management group.
Kingswood assets under advice/management in the UK&I totals over £9bn from a combination of retail and institutional clients.
Kingswood Holdings Limited (AIM: KWG), the international, fully integrated wealth and investment management group, is pleased to announce the acquisition of Barry Fleming and Partners (Tax, Trusts and Investment Planning) Limited (“Barry Fleming & Partners“), based in Berkshire (the “Acquisition”). The Acquisition is subject to regulatory approval.
David Lawrence, Kingswood Group CEO, commented: “Barry Fleming & Partners has a deep rich history and has established itself as a reputable, dynamic and client centric business over the past 47 years. The depth of relationships with their clients is truly evident through their extensive reputation. Extending into Berkshire is a further acknowledgement of our desire to grow our footprint.
“Our growth strategy is important and we are strongly committed to supporting more clients. We have a further three acquisitions under exclusive due diligence that we expect to close in the coming months, plus additional transactions that are currently under negotiation.”