A PYMNTS Company

UK: Kingswood acquires WFI Financial

By  |  September 4, 2019

Wealth management group Kingswood Holdings (KWG) has acquired Sheffield-based financial planning business WFI Financial for £14 million (US$17.1 million).

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Following completion of the acquisition, Kingswood Holdings will have more than £2.5 billion (US$3.06 billion) of assets under management (AUM) and assets under advice (AUA), with 5,500 active clients.

    WFI has offices in Derby, Lincoln, and Grimsby. It has AUM/AUA of more than £550 million (US$672.5 million) across 970 clients and has 37 partners and employees, including 16 financial planners and 19 support staff. 

    Full Content: Financial Times

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.