Global advice group Hoxton Capital Management announced it has reached £1bn ($1.2bn, €1.13bn) in assets under management.
This comes just as Hoxton reaches the fifth year since its inception.
The firm currently operates from the UAE, UK, US, Cyprus, and Australia.
Chris Ball, managing partner of Hoxton Capital Management, said: “This is a huge marker for us, and one which makes us extremely proud to be able to announce. I am tremendously grateful to the excellent team we have at Hoxton, across all aspects of the business, not just our advisory team.
“Across compliance, marketing, operations, admin, and tech, we have high-quality, highly skilled, and highly committed individuals – that is the Hoxton breed. Our investment into developing our own technology has been there from the start and has played a big part in enabling this growth also – our clients are seeing the fruits of that now with the latest version of our client portal.”
In other news, Gary Kershaw has been named as non-executive director of Hoxton Capital Management.
Kershaw was one of the founding directors of regulatory and business support group SimplyBiz after spending five years with Bankhall Group. During his 20 years at SimplyBiz, Kershaw has been group compliance director.
He said: “Hoxton is a firm I know well and have a tremendous amount of respect for – I have always been a passionate advocate for high-quality advice and for firms that do the job correctly. Chris and the rest of the team have managed their rapid growth extremely well, and I am looking forward to playing my part in assisting with the strategy from here.”
Ball added: “We are delighted to have Gary on board – his industry experience and track record speak for themselves, and he will add tremendous value to our growth strategy going forward. I’m personally really looking forward to working with him on our future projects.”