Wealth management group swoops for Lincolnshire financial advisor

Lincolnshire-based financial advisory business Vincent & Co. has been acquired by Kingswood Holdings, the international wealth management group announced today (15 June).

The deal – reported to be worth around £421,000 – recently received regulatory approval.

Vincent & Co. provides a wide range of financial services to around 130 clients across the region from its base in Market Rasen.

Kingswood, which operates across the UK and globally, has East Midlands offices in Lincoln, Grimsby and Derby.

Its UK advisory team now stands at 90 people and manages £7bn worth of assets.

Kingswood chief executive David Lawrence said: “Vincent & Co have been established for over 20 years and have built deep relationships with their clients and an ethos which matches ours at Kingswood. This is a great opportunity to make an acquisition that consolidates our presence in Lincolnshire.”