Acquisitive wealth manager Kingswood has completed its acquisition of Regency Investment Services, a Surrey IFA business which will boost the former’s client facing advisory team to 67 people and its assets under advice and management to circa £5 billion.

Regency provides independent financial advice to individuals and corporates primarily in the Greater London area and employs 12 people including six financial advisers, with £320 million AUA/AUM and a...