Hoxton Capital Management has bought two IFA firms as it continues its expansion.
The first acquisition is of Dudley-based Alpha Financial Services, which has £80m worth of assets under management and serves more than 300 families and corporate clients across the West Midlands.
The acquisition gives Hoxton its first office in the region. The company 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 (Sipp) and small self-administered schemes (Ssas).
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The second is that of Guildford-based Bartholomew Financial Planning. The firm has 80 clients, and concentrates on personalised holistic financial planning.
Thomas Maddison, acquisitions director at Hoxton Capital Management, 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.”
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