London-based Kingswood, a UK-headquartered wealth and investment management group, confirms CEO appointment.

Kingswood has appointed interim CEO Peter Coleman (pictured) as its permanent chief executive officer, following regulatory approval. 

Coleman, a former chief commercial officer at Succession and Wealth Wizards and CEO of national IFA Positive Solutions, will also join the board of Kingswood as a director, the firm said in a statement.

He is a director of various financial services and advisor businesses including AIM Independent, AIM Wealth Holdings, Allotts Financial Services, Barry Fleming Sand Partners (tax, trusts and investment planning), Casson Beckman Wealth Management, EIM Nominees, Eurosure, KW Investment Management, KW Wealth Planning, IBOSS Asset Management, Iboss, Joseph R Lamb Independent Financial Advisers, Novus Financial Services, Regency Investment Services, Sterling Trust Financial Consulting, Sterling Trust Professional, Vincent & Co Financial, Youth Adventure Trading, Youth Adventure Trust, and Xcap Nominees.

Coleman, 55, was appointed as interim CEO last July after the sudden departure of David Lawrence who joined the group in 2020.

“He came with strong credentials and has built positive momentum since joining the group in July 2024,” David Hudd, chairman, added.

Kingswood is an AIM-listed wealth management group with about £12 billion ($14.7 billion) of assets under advice and management. It serves around 19,000 clients from a network of offices across the UK with overseas offices in Ireland, South Africa and the US. It is mostly owned by private equity firm Pollen Street Capital, which has 68.4 per cent of Kingswood’s equity.