Hoxton Capital Management, which has offices in the UK, UAE, USA, Australia, South Africa and in Europe, has made the third acquisition this year. The firm has bought Devine Financial Management which operates in London and Essex.

All clients will continue to be serviced through Devine Financial Management Ltd, and following a transitional period the company will be rebranded to align with the Hoxton Group.

Devine Financial Management work mostly in the retirement & pensions and investments arena, especially in pension income drawdown, relevant taxation advice and managing client funds within pension, ISA and general investment portfolios.

Commented on the deal, Thomas Maddison, acquisitions director at Hoxton Capital Management, said: “We are delighted to announce the acquisition of Devine Financial Management, marking our third strategic acquisition this year, and taking Hoxton to over £1.6bn of assets under management.

“The company has a reputation for delivering exemplary holistic financial advice, serving professional clients across the south-east. This acquisition significantly enhances our local presence throughout the south, providing a robust foothold for our continued growth.”

Earlier this year, Hoxton has bought Dudley-based Alpha Financial Services and Guildford-based Bartholomew Financial Planning.