Abu Dhabi-based IFA Hoxton Capital Management has added over 380 clients with the acquisition of two UK-based Financial Planning firms.
The acquisition of £80m AUM Dudley-based Alpha Financial Services gives Hoxton its first office in the West Midlands.
The firm serves over 300 families and corporate clients and has been providing financial management, pensions, and life insurance advice since 1996.
It offers financial management services, including an investment portfolio planning service as well as guidance on income drawdown, pension consolidation and transfers, self-invested personal pensions and small self-administered schemes.
Hoxton has also acquired Guildford-based Bartholomew Financial Planning. The firm serves 80 clients and concentrates on personalised holistic Financial Planning.
Managing director Karen Bartholomew will remain as an ambassador for the firm to ensure comprehensive integration for her clients.
Thomas Maddison, acquisitions director at Hoxton Capital Management, said the acquisitions demonstrate the importance Hoxton places in providing a localised personal Financial Planning service to their clients.
He said: “These acquisitions reinforce Hoxton’s dedication to providing unparalleled financial solutions tailored to meet the unique needs of our clients. We will continue to look for opportunities to do so and we are excited to embark on this journey with both teams, leveraging our combined expertise to ensure a seamless integration for all involved.”
Hoxton Capital Management was founded in the UAE in April 2018 by British expatriate, Chris Ball, formerly of deVere Group. It now employs 300 staff worldwide between its offices in the UK, UAE, USA, Australia and South Africa and holds over £1.36bn ($1.7bn USD) in assets under management.
