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The deal will see Kingswood own and operate key offices in New York, Atlanta and San Diego
Wealth management company Kingswood Group has completed its acquisition of California-based wealth management firm and brokerage Chalice, and has signed "conditional heads of terms" to assume majority ownership in Manhattan Harbor Capital, which will see it running £1.6bn of assets in the US. Kingswood, which first announced the plans in December 2019, will be purchasing an 85% interest in both Chalice Capital Partners (an independent broker/dealer) and Chalice Wealth Advisors. The rema...
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