Kingswood Holdings Ltd - London-based wealth and investment management company - Names interim Chief Executive Officer Peter Coleman as the group's permanent chief executive. Coleman joined the group in July 2024. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Kingswood Holdings Ltd - London-based wealth and investment management company - Kingswood Capital Partners LLC, a wholly-owned subsidiary of Kingswood US LLC, which is just over 50% owned by Kingswood, enters into a foreign finders agreement with KPI (Nominees) Ltd. For each referral made by KPI to KUS, a proportion of the fees generated by that introduction will be payable by KUS to KPI. The fee is agreed by KUS and KPI on each introduction, and payable by KUS to KPI upon success. Referral fees payable are capped at USD5 million per annum. Read More
Kingswood Holdings Ltd - London-based wealth and investment management company - Chief Executive Officer David Lawrence resigns, with the company appointing Peter Coleman as interim CEO effective immediately. Kingswood will soon start the search for a permanent CEO. Coleman is a fellow chartered accountant and has industry experience from his time at Succession Wealth and Wealth Wizards and as CEO of national IFA Positive Solutions. Read More
Kingswood Holdings Ltd - London-based wealth and investment management company - In the financial year ended December 31 pretax loss widens to GBP13.3 million from GBP11.2 million a year prior. Revenue, however, rises 38% to GBP86.2 million from GBP62.6 million. UK & Ireland revenue increases to GBP46.6 million, up 38%, reflecting resilience to market headwinds and the benefit of acquisitions in the current and prior periods. US revenue also rises 38% to GBP39.6 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Kingswood Holdings Ltd - London-based wealth and investment management company - Announces new GBP8.0 million unsecured debt facility with funds managed by Pollen Street Capital Ltd, an alternative investment management firm with offices in New York and London. The facility has an expiry date of October 17, 2030, and an interest rate of 12% to be paid at maturity. Kingswood says that the facility will be used to support its working capital requirements and "growth agenda". Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Kingswood Holdings Ltd - London-based wealth manager - Announces that it has made the final deferred consideration payment of GBP1.8 million relating to the acquisition of Sterling Trust Financial Consulting Ltd, as announced on June 25, 2020. This represents the maximum achievable earn-out amount, company says. Plans to satisfy the payment through its funding facility, as announced on October 17, 2022. David Lawrence, chief executive, says: "Sterling Trust was a transformative acquisition for Kingswood when completed in June 2020 and we have been delighted at the growth it has seen as part of the Kingswood group". Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in Europe ended the third-quarter in the green on Friday, on largely favourable inflation data in the US and eurozone, as well as decent economic growth data from the UK. Read More
(Alliance News) - Kingswood Holdings Ltd on Wednesday reported revenue fell in 2022, amid market uncertainty, though the company said it is looking "to the future with confidence". Read More
(Alliance News) - Kingswood Holdings Ltd on Wednesday said it expects its annual operating profit to come in below expectations, amid a drop in annual revenue as a result of a decline in its US business. Read More
Kingswood Holdings Ltd - London-based wealth and investment management group - Confirms it has engaged Houlihan Lokey as its financial adviser, discussing its strategic options including but not limited to a potential sale, or third-party investment, into its UK business operations. Also notes recent press speculation. Says there can be no certainty that any transaction will ultimately occur, likewise regarding the structure or terms on which any transaction might take place. Says it continues to enjoy the long-term support of its key existing investors and shareholders and continues to deliver accelerated growth and strong delivery against its strategy. Expects to publish its 2022 results during the second quarter of 2023. Read More
Kingswood Holdings Ltd - London-based wealth and investment management group - Completes acquisition of Dublin-based financial advice firm Moloney Investments Ltd, following regulatory approval. Read More
Kingswood Holdings Ltd - London-based wealth and investment management group - Completes the acquisition of Berkshire-based financial planner Barry Fleming & Partners Ltd, following regulatory approval. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More