Kingswood hits £6.8bn AUA in 2021
Kingswood has taken its total assets under advice (AUA) to £6.8bn, the firm’s financial results for the year ended 31 December 2021 showed.
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Kingswood has taken its total assets under advice (AUA) to £6.8bn, the firm’s financial results for the year ended 31 December 2021 showed.
Wealth management group Kingswood has increased its assets under management and advice (AUM/A) to £6.8bn in 2021. This represents a 15% increase for the year ended 31 December 2021. In its annual report, the company stated that this surge was 10% driven by organic growth and 5% through acquisitions.
KIngswood's annual operating profit jumped by £5.5million to £6.3million, its latest annual results have revealed, while revenues also increased sharply.
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