Kingswood acquires £1.4bn AUA North Yorkshire firm

The deal brings Kingswood's UK assets under management to £3bn, with total assets under administration reaching over £7.9bn. Kingswood's client-facing advisory team has now grown to 80 people, with the number of active clients reaching over 15,900. Kingswood hits £6.2bn AUA as it completes Admiral Wealth deal In the last year, Metnor's subsidiaries have brought in a revenue of £3.3m. They currently employ 29 people and have over 6,000 clients with over £1.4bn of assets under administration or management. The deal will see an initial cash consideration of £9.6m, paid on closing, ...