REG - Kingswood Holdings - Completion of acquisition

Kingswood HoldingsAnnouncement

21/02/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220221:nRSU2076Ca&default-theme=true

RNS Number : 2076C  Kingswood Holdings Limited  21 February 2022

21(st) February 2022

 

 

KINGSWOOD HOLDINGS LIMITED

 

Completion of the Acquisition of D.J. Cooke (Life & Pensions) Limited

 

Kingswood Holdings Limited ("Kingswood") is pleased to announce that it has
completed the acquisition of the book of assets of D.J. Cooke (Life &
Pensions) Limited based in Conisbrough, South Yorkshire.

 

Kingswood's client facing advisory team now stands at 94 people, UK funds
under advice / management at £7.2 billion, and the number of active clients
to over 19,300.

 

Inclusive of the recent recruitment of financial advisers in the US, Kingswood
Group assets under administration ("AuA") will total over £9.4 billion from
a combination of both global retail and institutional clients matching our
ambition to grow globally as an international integrated full service wealth
and investment manager

 

 

Further to the announcement of 26 January 2022, Kingswood Holdings Limited
(AIM: KWG), the international, vertically integrated wealth and investment
management group, is pleased to announce it has completed the acquisition of
the business assets of D.J. Cooke (Life & Pensions) Limited.

 

For further details, please contact:

    Kingswood Holdings Limited                                 +44 (0)20 7293 0730

    David Lawrence                                             www.kingswood-group.com (http://www.kingswood-group.com)

    finnCap Ltd (Nomad & Broker)                               +44 (0)20 7220 0500

    Stuart Andrews / Simon Hicks / Abigail Kelly

    GreenTarget (for Kingswood media)                          +44 (0)20 7324 5498

    Jamie Brownlee / Alice Gasson / Ellie Basle                Jamie.Brownlee@greentarget.co.uk
                                                          (mailto:Jamie.Brownlee@greentarget.co.uk)

 

About Kingswood

Kingswood Holdings Limited (trading as Kingswood) is an AIM-listed (AIM: KWG)
international fully integrated wealth management group with circa £9.1
billion of Assets under Advice and Management. It services circa 19,300
clients from a growing network of offices in the UK including Abingdon,
Beverley, Conisbrough, Darlington, Derby, Essex, Grimsby, Hampshire,
Harrogate, Hull, Lincoln, London, Maidstone, Newcastle, Sheffield (2),
Worcester and York with overseas offices in Johannesburg, South
Africa and Atlanta, New York and San Diego in US.

Kingswood offers a range of trusted investment solutions to its clients, which
range from private individuals to some of the UK's largest universities and
institutions, including investment advice and management, personal and company
pensions and wealth planning. Kingswood is focused on becoming a leading
player in the wealth and investment management market through targeted
acquisitions in the UK and US, creating a global business through strategic
partnerships.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ACQSEDEFSEESEEE