Dubai-headquartered Hoxton Capital Management has added to its UK presence with acquisitions of two financial adviser firms.
The international adviser firm, which has a presence in London, Sydney, Texas, Dubai and Larnaca, bought Dudley-based Alpha Financial Services has £80m worth of assets under management and serves more than 300 families and corporate clients across the West Midlands.
Alpha Financial Services has been providing financial management, pensions and life insurance advice since 1996, offers a full range of financial management services, including 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 alos acquired Guildford-based Bartholomew Financial Planning which has 80 clients and concentrates on personalised holistic financial planning. Managing director, Karen Bartholomew will remain as an ambassador to ensure a comprehensive integration for her clients.
Thomas Maddison, acquisitions director at Hoxton Capital Management, said: “We are thrilled to announce our acquisition of Alpha Financial Services and Bartholomew Financial Planning, both firms with excellent reputations for their holistic approaches to financial planning and their commitment to client satisfaction.
“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 recently announced it had reached $1.7bn assets under management (AUM) a 30 per cent year-on-year increase.
The company was founded in the UAE in April 2018 by British expatriate Chris Ball, formerly of deVere Group, and now employs 300 staff worldwide.
