Dubai-headquartered international wealth manager Hoxton Wealth has completed its first acquisition in Asia and largest to date.

Hoxton Wealth has completed the acquisition of Infinity Financial Solutions, a provider of expat financial services with offices spread across Asia.

The acquisition is Hoxton Wealth's first in Asia and its largest to date, representing a landmark in Hoxton’s international footprint – providing the business with a regulated presence in Asian markets. 

Acquiring Infinity, which was founded in 2004, will add $300 million in assets under management to Hoxton’s portfolio, taking its total AuM to $3.3 billon. In April 2024, Hoxton announced that its AuM had reached $1.6 billion. The company hitting $3.3 billion represents a 105 per cent increase in the last year, the firm said in a statement.

For individual clients, Infinity offers the internationally-mobile advice that maximises investments, pensions, savings and trusts, in addition to international banking and insurance. 

Its corporate division helps companies with a range of services, such as establishing employee benefits, including group pension schemes and employee medical cover. Infinity also assists its commercial clients with company formation, corporate insurance and risk management.

“So far, our acquisition strategy has focused on the UK domestic market, with the objective of growing our footprint and supporting existing business in the country. A lot of our clients are UK expats, so a strong presence in the UK builds confidence among those with ties to the country,” Hoxton Wealth’s CEO Chris Ball (pictured right) said. “Branching out across Asia is a huge step for us. For me, the next place we would love to start acquiring businesses is the US – it is a golden market.”

“We are delighted to have agreed the acquisition of the company by Hoxton Wealth. We believe this will further strengthen our presence in the Asia region, ultimately providing significant enhancements to our offering and providing clients with additional services from the experienced in-house team at Hoxton Wealth,” Trevor Keidan (pictured left), managing director of Infinity Financial Solutions said. â€śHoxton Wealth has invested significantly in technology, enabling it to provide traditional financial planning powered by cutting-edge technology and we are very excited to launch these services to Infinity clients.”

“Infinity has built an exceptional business, that’s a credit to its leadership – and entire team. The decision by the partners to sell to Hoxton wasn’t just a strategic one it was about ensuring their clients and staff are part of something with real long-term vision,” Oliver Gorman, revenue director at Hoxton Wealth, added. “This is about more than expansion, it’s about alignment. Hoxton Wealth is home to a truly international advisory team, with advisors from the UK, France, China, Japan, and beyond. With this acquisition, we’re strengthening our presence in key Asian markets and continuing our mission to deliver world class, fully regulated financial planning no matter where our clients are in the world.”

Hoxton Wealth’s client base currently stands at 7,000 individuals, with over 300 staff working at offices in the UAE, UK, US, Australia, South Africa, Mexico and Cyprus.