Hoxton Wealth acquires UK’s Family First Financial Services

Hoxton Wealth, the independent financial advisory firm, has added more than £85m ($104m) of assets to its books by buying Darlington-based Family First Financial Services.

This transaction further deepens Hoxton Wealth’s presence in the UK market.

Family First has experience helping clients with unexpected life events, retirement planning, savings and investments, property purchases and a variety of insurance needs.

The firm offers comprehensive financial planning services, including advice on wills, potential inheritance tax liabilities and the benefits of setting up trust funds.

Thomas Maddison, director of acquisitions at Hoxton Capital Management, said: “This acquisition is a strategic fit for Hoxton Wealth, significantly expanding our presence in the North of the UK and furthering our aim to provide lifestyle financial planning across the country.

“I would like to express my gratitude to Mark Horner and Ian McFarlane at Family First for their partnership throughout this process.

“Their dedication has been instrumental in ensuring a smooth transition. Horner will personally oversee the transition period, introduce clients to their new Hoxton consultants and ensure that all necessary steps are taken for a successful integration.”

The acquisition marks the fifth independent financial adviser (IFA) firm in the UK that Hoxton Wealth has taken on in the past year.

Hoxton Capital Management’s assets under management now exceed $2.2 billion.

Founded in the UAE in April 2018 by British expat Chris Ball, formerly of the deVere Group, the company now has 300 employees worldwide.

“Hoxton Wealth acquires UK’s first family financial services” was originally created and published by Private Banker International:Trademark owned by GlobalData.

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