Chris Ball, the founder and chief executive of Hoxton Wealth, has secured a $135 million investment commitment from Aspirity Partners, marking a milestone for the business he established in 2018.
The agreement represents Hoxton Wealth’s first external investment, following eight years of development without outside capital.
Chris has built the business into an international wealth management operation headquartered in London and Dubai.
According to the company, Hoxton now advises approximately 10,000 clients across ten jurisdictions and manages more than $5 billion in assets.
The investment commitment comes from Aspirity Partners I, which will take a strategic minority interest in the business, subject to regulatory approvals.
Chris and his leadership team have spent almost a year developing the proposed partnership with Aspirity’s founder and managing partner, Joseph O’Mara.
The investment is intended to support Hoxton’s further international expansion, recruitment of financial advisers and potential acquisitions.
Chris said that taking external investment for the first time was an important decision for the business, particularly in selecting a partner that could support its long-term development.
Joseph O’Mara also recognised the work Chris and his colleagues had undertaken to establish and grow Hoxton without external investment.
The agreement marks a new stage in Chris’s entrepreneurial journey, moving from establishing an independently funded wealth management business to working with an institutional investment partner.
Completion of the transaction remains subject to regulatory approvals.
