UK wealth management group Kingswood has been in the news on a regular basis in past months as it hires, acquires, and fires. Alexandra Newlove spoke to its platform chief executive Patrick Goulding about the firm’s past struggles and its plans as it emerges from “clean-up” mode.

“I looked at your financials from last year and—”

“It’s not pretty,” Kingswood’s platform chief executive, Patrick Goulding, finishes my sentence.

It isn’t, but speaking to Mr Goulding, and looking at some of the firm’s recent moves - hiring heavy hitters from the likes of Goldman Sachs and Cazenove Ca...